Authorities say at least 12 people were injured and one person killed by an EF2 tornado that struck the small south Louisiana town of Rayne over the weekend. Photos detail the immense damage to both property and autos.

An Illinois federal lawmaker is stumping again for legislation that would stave off property owners from having to buy flood insurance in areas newly designated by the government as being at high risk.

The Treasury Department said Wednesday that a sale of MetLife Inc. stock by American International Group Inc. brought in $6.3 billion, which will go toward repaying a portion of the taxpayer bailout of the insurance company.

Billionaire Warren Buffett's Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said.

Billionaire Warren Buffett's Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said.

American International Group Inc. said Tuesday it is taking another step toward repaying the government's $182 billion bailout package.

The jackhammers fell silent, church bells pealed, and a Maori lament filled the air as New Zealand came to a standstill to mourn the estimated 240 people killed in an earthquake one week ago Tuesday.

The European Union's highest court on Tuesday barred the insurance industry from charging different rates for men and women, saying the widespread practices amounts to sex discrimination against millions.