Jeremy Johnson, a former insurance broker, has been named head of American International Group's surplus lines business.

Four of AIG's top P&C executives have all left the firm to join Berkshire and start a rival surplus lines unit.

demand by a House Financial Services subcommittee chairman that bank regulators move quickly to impose a rule requiring mortgage lenders to accept private flood insurance is prompting a split in the insurance industry.

Workers at West Fertilizer Co. were not injured by the huge blast at the plant that killed 15 people, but the explosion did bring to the fore an emerging Workers Compensation issue of deep concern to the insurance industry.

The catastrophe bond market is strengthening despite the fact Superstorm Sandy was the third most expensive hurricane in U.S. history.

Superstorm Sandy is now the third costliest storm in U.S. history, the Insurance Information Institute says.

There will be no more bailouts of financial institutions, a top official of the Obama administration says in what appears to be an attempt to pre-empt Republican efforts to water down the Dodd-Frank Act.

California insurance regulators have been able to shore up a mutual California homeowners insurer weakened by the housing bust through a complex mutual-to-stock conversation.