The cost of federal securities class action settlements this year is averaging $80.3 million, and the number of suits filed this year is expected to exceed last year by more than 33 percent, a new

The group said that after the 2004 and 2005 hurricane seasons, insurance companies were "fleeing America's coastlines, raising rates, and shrinking coverage for homeowners and businesses in the coasta

According to the research by the Boca Raton, Fla.-based data collection and comp rate advisory firm, injury frequency and total losses per worker for all long-term care industries is higher than

According to the research by the Boca Raton, Fla.-based data collection and comp rate advisory firm, injury frequency and total losses per worker for all long-term care industries is higher than other

As a result, the Foundation for Taxpayer and Consumer Rights said they have written Insurance Commissioner Steve Poizner asking him to fire attorney William Gausewitz, whose background they said inclu

Meanwhile another rating group said that property-casualty insurers should be unaffected even if the insured loss from the fires is $1.6 billion. Modeling firms have estimated the loss will range betw

Spain's largest insurer, MAPFRE S.A. and the Webster, Mass.-based Commerce Group, Inc. have signed an agreement for MAPFRE to acquire the auto carrier in a $2.2 billion cash deal, the companies said t

Ohio Department of Insurance Director Mary Jo Hudson announced she had asked the carrier for more information about the missing data and for documentation of The Hartford's established security