Based on current market prices, the U.S. government expects to earn a profit from its loans and investments in American International Group (AIG).

Allstate Corp. has filed a subrogation lawsuit against Toyota Motor Corp. seeking compensation for the more than $3 million paid out on accident claims related to allegedly faulty accelerator pedals and other defects.

Severe weather moving across Ohio on Sept. 16 produced 11 tornadoes, high winds and hail causing at least $17.2 million in damages, based on preliminary insured loss estimates from the Ohio Insurance Institute (OII).

A new study from the Insurance Research Council concludes that state-run residual markets have unintentionally provided the means for development in vulnerable coastal areas.

The 19th named storm of the Atlantic hurricane season is headed toward Haiti.

CNA Financial Corp. recorded a 2010 third-quarter net loss of $140 million, driven by a $365 million after-tax net loss related to its transfer of legacy asbestos and environmental pollution liabilities to Berkshire Hathaway's National Indemnity Company.

A handful of threats hang over the collective heads of Americans trying to recover from the recession

American International Group Inc. said the sale of one foreign insurer and the initial public offering of a second have raised enough money to repay a line of credit it has with the Federal Reserve Bank of New York.