Legislators and homeowners are pushing for federal action to delay flood insrance rate hikes some say will significantly affect homeowners and small businesses.

A recent Washington state Supreme Court ruling holding insurers broadly accountable for the actions of their agents is just another way insurers can find themselves in hot water in the state, an attorney says.

Former Zurich Insurance Group Chairman Josef Ackermann was mentioned in the suicide note of CFO Pierre Wauthier, the company confirmed.

The National Football League today settled its concussion-related lawsuit with former players for $765 million, but it remains unclear whether the settlement includes a deal with the NFLs insurers, which have fought in suits in New York and California to escape liability in the cases.

The New York Department of Financial Services is asking Lloyds of London officials for details about an internal Lloyds market probe regarding potential violations by its managing agents of U.S. laws barring companies from doing business with Iran.

The U.S. personal lines insurance industry remains financially sound despite significant catastrophe losses last year from high frequency, low-severity events and Superstorm Sandy, Moody's Investors Service says.

Travelers Insurance Cos. are exiting the Write-Your-Own market, selling the National Flood Insurance Program policies its companies write to American Bankers Insurance Company of Florida.

Workers' compensation costs for employers could rise steeply as a result of a decision by the American Medical Association to reclassify obesity as a treatable disease, a new report contends.