Markets

American International Group said it has arranged to sell off 53 aircraft from its airplane leasing unit to an Australian banking and investment firm subsidiary for $1.987 billion.

It is estimated that narcotics account for almost 40 percent of workers' compensation medication costs.

The U.S. property and casualty industry showed signs of economic recovery in 2009, but profitability remained substantially off from what it experienced just prior to the economic meltdown, a report said.

A growing number of workers' comp carriers are refining their underwriting and pricing approaches by data-mining their own systems along with external sources to transform their business.

Once again, the Centers for Medicare and Medicaid Services have issued new deadlines for some reporting responsibilities. Read one for the latest information on dates.

Nurse case managers must navigate both the healthcare and workers' compensation systems -- and in recent years, both have grown increasingly complex, making their jobs more challenging and demanding.

The Florida Hurricane Catastrophe Fund has issued its fiscal year 2008-2009 annual report.

Aon Global Insurance Managers, the captive management division of Aon Corporation, announced the launch of its group captive solutions practice, which will provide risk financing alternatives to Aon's middle-market clients.