A third-party administrator for self-insured workers' compensation groups is under investigation by the New York State Attorney General's Office and faces possible license suspension for failing to pa

But most do not see merger and acquisition activity as the best use of capital, preferring, share buybacks and organic growth, nor do they see it as the best way to improve ratings, according to a sur

The collapse of the subprime mortgage market has sent directors and officers liability insurance rates for the finance sector skyrocketing--and the upward spike is likely to continue for the foreseeab

Tuesday's Louisiana Supreme Court decision may have cast a cloud over many homeowners' Hurricane Katrina claims, but it opened the door for flooded businesses to recover additional millions, according

Maurice Greenberg's Starr International Company, following a $900 million Moscow development deal last month, is now involved in another partnership to buy $786 million worth of Eastern European real

A California consumer group said controversial documents from a consulting firm used by Allstate that were released Friday are justification for regulators to slash the company's rates, even though it

An insurer trade group today assailed the New York legislature for approving an increased assessment on carriers domiciled in the state that totals $40 million--or what the group says amounts to a 20 p

A Pennsylvania law firm said it has filed a prospective shareholders class action in federal court against mortgage insurer PMI Group, accusing the management of hiding its deteriorating financial pic