Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates, according to one top executive.

American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche has told the company he wants to keep leading it beyond next year.

If U.S. property and casualty insurers do not manage capital and maintain underwriting discipline after the many profit-draining factors the industry faced during the first nine months of 2011, some companies could feel the pressure of ratings downgrades, says insurance rating agency A.M. Best Co.

An examination of some of the top U.S. property and casualty insurers by Fitch Ratings has found Farmers Insurance, W.R. Berkley, Old Republic and Firemans Fund will be the most affected by weak new money yields.

Warren Buffetts Geico has been ordered to give back $7.5 million to more than 25,000 to active and former policyholders it charged in Washington.

ACE Ltd.s purchase of Penn Millers has prompted insurance rating agency A.M. Best Co. to upgrade the financial strength rating of the agribusiness insurer.

Chalk up Allstates 34th fraud lawsuit since 2003 in the state of New York.

Lorrie McNaught, reality television expert with Aon/Albert G. Ruben, says its her job to find a way to get insurance coverage for all types of production risks.