Before hitting Vietnam, Typhoon Ketsana, the weekend storm that struck the Philippines, reportedly destroyed more than 2,000 homes there and killed 240 persons, but a modeling firm said insured losses should be low.

A federal court has rejected efforts by the president of a firm whose tainted peanut butter killed nine people to obtain coverage over the $1 million limit of his company's directors and officers liability policy.

The New York Insurance Department has finally been accredited by the National Association of Insurance Commissioners after operating for nearly two decades without NAIC's official seal of approval.

A probe of credit rating agencies was announced by the California Attorney General's Office right before his targets were called on the carpet during the National Association of Insurance Commissioners conference last week.

Arbitration Forums Inc. (AF) said it has developed a new Web-based system for insurance subrogation cases that will save its 4,000 member firms an estimated $460 million.

American International Group has paid back about $62 billion of its $183 billion debt to the government, but whether it can repay the full amount remains uncertain, an official study concluded last week.

The National Association of Mutual Insurance Companies today honored two state lawmakers for legislation reforming operations of the North Carolina Beach Plan property insurance pool.

Medical care and wage replacement costs for treating obese injured workers are significantly higher than for those with normal weight, according to an industry study.