The federal taxpayer funded WTC Captive Insurance Company announced that it has reached a $657 million injury settlement with workers involved in World Trade Center cleanup and rescue activity.

American International Group Inc. in its latest asset sale activity said the shares of reinsurer Transatlantic Holdings it is disposing of have been priced at $53.35 per share.

Insured losses from the Chile earthquake will range from $3 billion to $8 billion, according to an early estimate from catastrophe risk modeling firm Eqecat.

President Obama's proposal for a federal agency to regulate health insurance rates will in practice apply only in states where the regulators lack full rate review authority, state insurance regulators said.

An early catastrophe modeling firm estimate puts the insured loss from the Chile earthquake at up to $2 billion.

An investor advocacy group announced it is suing the board of Zenith National Insurance Corp., alleging Zenith's planned $1.4 billion sale to Fairfax Financial Holdings Ltd. undervalues the company.

An early catastrophe modeling firm estimate puts the economic damage from the Chile earthquake at a staggering $30 billion.

An early catastrophe modeling firm estimate puts the insured loss from the Chile earthquake as exceeding $2 billion.