Competing U.S. and Bermuda insurance interests have been ramping up lobbying efforts on Capitol Hill over a proposed tax code change that would impact treatment of U.S. business ceded to Bermudian carriers.

Moves by Florida lawmakers to provide a federal backstop to the state's severely underfunded Hurricane Catastrophe Fund are running into strong headwinds on Capitol Hill.

American International Group Inc. and Zurich Financial Services Group announced a $1.9 billion deal last week for the sale of AIG's auto unit--21st Century Insurance Group--to a Zurich subsidiary, Farmers Group Inc.

A House committee is demanding information on whether American International Group used government money to hire outside public relations help to wage campaigns against critics of the government bailout of AIG.

Florida lawmakers' moves to provide a federal backstop to the state's severely underfunded Hurricane Catastrophe Fund are running into strong headwinds.

The Obama administration might compromise on its goal of a "public" option for health care insurance by considering proposals allowing private insurers to run such a program, a key presidential adviser said today.

In case someone hasn't gotten the message, the decision of the Obama administration to administer the toughest kind of love possible to the automobile industry shouldn't be lost on the insurance community.

Two property-casualty insurance trade groups have argued to Congress that American International Group is off the mark in saying that its bankruptcy would pose a "systemic risk" to the property-casualty insurance industry.