AIG, Chartis credit facilities offer another ‘vote of confidence’

American International Group, the global insurer close to paying back the $182 billion in federal bailout assistance it received, has entered into three bank credit facilities.  Read Story

PARKERSBURG, W.Va. — An Ohio insurer has dropped its request for a hearing on the proposed merger of two hospitals in Parkersburg.

Insurance Club of Pittsburgh plans annual I Day for April 21

The Insurance Club of Pittsburgh is holding its 85th Annual Pittsburgh I Day April 21, 2011.  Read Story

Capacity Coverage Company of New Jersey announced its Prominent Properties program for commercial and habitational real estate companies. It was designed to provide real estate companies with an alternative to expensive policies, the company said.  Read Story

New York insurance trade groups to appeal broker disclosure ruling

Two insurance trade groups in New York have filed notice indicating they will appeal the New York Supreme Court Appellate Division's decision upholding the state insurance department's broker disclosure rule.  Read Story

A Maryland state delegate representing Baltimore had no problem letting her constituents know that when it comes to taxing the wealthy, getting re-elected takes precedence over common sense.  Read Story

U.S. property-casualty sector’s net income increases

The U.S. property-casualty sector's net income reached $29.9 billion for the first nine months of the year, a $12 billion increase fueled in large part by realized capital gains.  Read Story

Gov. Bill Ritter will forever be linked with wind farms and the “new-energy economy” that was his mantra. But more subtle — and some argue more personal — than the ...  Read →  Read Story

Md. lawmakers may look to renew tax on state’s wealthiest residents

Maryland's so-called millionaires' tax, set to expire Jan. 1, 2011, may be extended or made permanent, as the Maryland General Assembly seeks ways to solve its budget woes.  Read Story

AIG investors ask Del. court to let suit against insurer go forward

American International Group (AIG) investors, who were barred from suing companies that conspired with AIG executives in an alleged bid-rigging scheme, should be able to sue those companies, lawyers for the investors told the U.S. Supreme Court recently.  Read Story