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A federal bankruptcy court has sided with Travelers Insurance Company over an attempt by an insured to reach a settlement with asbestos claimants without the approval of the carrier in a scheme the court said could financially benefit the insured.

Facing the worst and most prolonged economic downturn since The Great Depression, employers in nearly all industries and of virtually every size are tightening their belts, and risk management departments are not being spared.

Marsh & McLennan Companies will pay more than $83.5 million to settle a class-action suit filed by those who were clients of the firm's insurance brokerage arm while it engaged in alleged bid-rigging

Marsh & McLennan Companies will pay more than $83.5 million to settle a class action suit filed by customers who were clients of the insurance brokerage arm of the firm while it engaged in

Florida's Division of Insurance Fraud and Division of Workers' Compensation

This article looks at three ways that claimants and their attorneys have attempted to separate workers' compensation insurers and employers from their rightful subrogation recovery.

In the wake of the subprime mortgage crisis and the now unfolding unprecedented global credit crisis, the public has been exposed to severe weaknesses in the global financial system. With the

Florida's insurance commissioner Kevin McCarty ordered a stay of the suspension of Allstate's ability to write new business. He made this decision because Allstate submitted an affidavit certifying that it has provided all the material