The property-casualty insurance industry posted its first annual decline in net written premiums last year--evidence of a softening market that cut into, yet fell far short of wiping out insurer

Mr. Oxendine said today he let news outlets know of his decision to end rumors he was preparing a campaign that began circulating after he held discussions with various individuals and began building

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