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State Farm says it has received more than 81,000 claims from Superstorm Sandy and has acquired a plane in an attempt to get policyholders to report more.

A Pennsylvania bill that would limit the liability for negligence of defendants in some civil court cases cleared a final legislative step Monday.

A Pennsylvania bill that would limit the liability for negligence of defendants in some civil court cases cleared a final legislative step Monday.

Swedish furniture maker Ikea recently announced plans to build a 930,000-square-foot manufacturing facility in Danville, Va. Weighing heavily on its decision was the cost of shipping its furniture to the U.S., which, in some cases, exceeded the

Laura Novak Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., has hired Laura Novak as an originator in

XL Insurance, the global insurance operation of XL Capital Ltd. named Bernard R. Horovitz, ACAS, as chief underwriting officer of its Global Professional lines of business. Horovitz will oversee all operations in the professional business unit,

Hurricane Katrina may have reminded us that those who are exposed to wave wash or flooding need to have federal flood insurance, but few have learned about the Johnstown Flood of 1889.

Under an agreement announced today, the Armonk, N.Y.-based bond insurer will pay a $50 million penalty to the Securities and Exchange Commission, $10 million to investors and $15 million in penalties