Convicted child abuser Gerald Sandusky and his homeowners insurer, State Farm, settled on a lawsuit brought by the insurer to have a judge declare the company has no obligation to defend the former Penn State University assistant football coach.

Ongoing quarreling over the budget in Washington is causing anxiety in the insurance industrymuch more concern, it would seem, than the industrys ability to handle random weather events.

Ongoing quarreling over the budget in Washington is causing anxiety in the insurance industrymuch more concern, it would seem, than the industrys ability to handle random weather events.

Nothing worries the CEO of the U.S. Chamber of Commerce more than increased regulation, and he says the insurance industry must be wary as healthcare and Dodd-Frank legislation take hold.

In 2013 the insurance industry can expect continued average rate increases of below 10 percent along all lines of business, says Marla Donovan, vice president of product development at insurance wholesaler Burns & Wilcox. General Liability is up 3-5 percent, she says, and professional lines are not seeing any reductions....

A Jersey City, N.J. man has filed a federal class-action, breach-of-contract lawsuit against a group of nine insurers he says is denying claims based on their flawed definition of a basement.

Over and over again, one word prevails in discussions about rate increases in 2013: modest.

Liberty Mutual Insurance has decided to go all Liberty Mutual, all the time.