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Elizabeth A. Monrad, former Gen Re CFO, was sentenced last month to 18 months in federal prison for her role in a sham insurance scheme involving AIG.

The Colorado State University forecast team predicts that a major hurricane hitting U.S. shores is better than 50 percent this year.

U.S. property-casualty reinsurance rates for April 1 renewals had increases as much as 14 percent for national programs on a risk-adjusted basis, according to the recently released Guy Carpenter Global Reinsurance Composite.

Global natural catastrophe losses made 2008 the third most expensive year on record for insured and economic losses.

Foundations that lost billions of dollars investing with Bernard L. Madoff could face sizable fines for failing to exercise sound judgment.

The Internet added 24 million new domain names in 2008, according to a fourth-quarter 2008 report.

The top three reasons consumers filed formal complaints against their insurers in 2008 were delays, denials of claims and unsatisfactory settlement offers, followed by premium/insurance rating and policy cancellation issues.

Passengers traveling on premium tickets fell 13 percent in December 2008 and 2.8 percent for the year.