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The Federal Reserve Board threw a life preserver to keep American International Group Inc. from drowning last night, as the Fed agreed to have the U.S. government take a 79.9 percent stake in AIG in e

On Friday, Bloomington, Ill.-based State Farm, the number one personal lines insurer in the four states declared catastrophe losses by the Insurance Information Services' Property Claim Services, said

Mr. Civgin, Allstate said, was previously CFO of General Binding Corporation during a successful turnaround and was senior vice president of finance and senior vice president of merchandise operations

Mr. Civgin, Allstate said, was previously CFO of General Binding Corporation during a successful turnaround and was senior vice president of finance and senior vice president of merchandise operations

Florida's Office of Insurance Regulations has reached an agreement with Allstate where the company will pay a $5 million fine to resolve legal issues stemming from the company's fight over documents t

The earliest range of estimates of insured losses for Hurricane Dolly only reached $1.2 billion--good news for some large property-casualty insurers whose second-quarter financial results were

Bad weather across the U.S has been widely reported all year and has included hail storms, tornadoes, severe thunderstorms, and wildfires. Some of the impacts of these storms are coming to fruition

Three Allstate agents in Canada have filed a prospective class-action suit against the Northbrook, Ill.-based carrier claiming changes the company made in their contracts stripped them and other agent