All North America articles – Page 12
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RIMS endorses Dinallo’s stance on contract certainty
Encourages other states to follow New York’s lead
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US P&C capital cushion could shrink by $80bn
Commercial insurance prices expected to stabilise if not increase, according to Towers Perrin
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Treasury hires accountants to administer bail-out
PricewaterhouseCoopers LLP and Ernst & Young will help with the purchase of troubled assets
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Cyber threat is growing
Criminals are getting more sophisticated and launching more attacks, said the FBI
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Treasury hires legal advice to help with bail-out
A New York law firm will help implement the $700bn emergency package
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Economic recovery will take time: Fed
Even after the markets stabilise the broader recovery will not happen immediately, says Fed chairman Ben Bernanke
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US Treasury uneasy with propping ailing banks
But the rescue package is necessary to restore confidence, said Treasury Secretary Henry Paulson
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AIG knew about CDS problems: WSJ
American International Group executives may have misled shareholders about problems in its Financial Products division, according to the Wall Street Journal
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Hacker charged with accessing Sarah Palin’s email
A man allegedly hacked into Governor Palin’s account, stole personal information and posted the details online
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Paulson vows to implement rescue measures quickly
President Bush signed the $700bn financial market rescue, Treasury begins work on implementation
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US shipping cartel gets jail time
The conspirators raised the prices for moving freight from the US to Puerto Rico
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Insurance could take reputation hit from downturn
While liquidity doesn't seem to be a problem the insurance industry is concerned about the knock on effects of the credit crisis, says the CEA
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NY and Bermuda sign cooperation agreement
Insurance regulators in both jurisdictions have formalised their cooperation agreement
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Britain needs Paulson’s package
CBI says US Treasury’s banking bail-out is vital for the stability of markets
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Regulators appoint advisers to help AIG sell-off
New York's insurance department sought advice on sale of AIG's units
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Financial system at risk of shutting down: Bush
President Bush tried to convince Congress and the American public to pass the proposed $700bn bailout for the financial sector
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OECD welcomes market rescue
The organisation said the US governments purchase of bad debts would help re-establish ‘liquid’ conditions