Insurance rates for the airline industry have ceased their double digit hard market trend, but buyers are still experiencing increases, according to a report from insurance broker Aon.

The list of insurance companies agreeing to forgo Iran-linked investments is growing, with more than 75 percent of insurers licensed to do business in California agreeing to refrain from future investing.

The list of insurers agreeing to forgo Iran-linked investments is growing, with more than 75 percent of insurers licensed in California agreeing to refrain from future investing, but some big names have not yet complied.

The Independent Insurance Agents & Brokers of New York has suggested additional language to the state Department of Insurance regarding disclosure regulation, as it gears up for a court challenge.

Troubled surety insurer Ambac Financial Group Inc. said it plans to release its first-quarter results tomorrow, after announcing last week it was delaying the release.

In his first annual shareholders meeting address, American International Group President and Chief Executive Officer Robert Benmosche highlighted the company's strong 2010 first quarter results.

Try to imagine this dream sequence--sort of a remake of "The Treasure of Sierra Madre." A grim lawman walks in on a group of insurers and demands to see their books.

Daytona Beach, Fla.-based insurance broker Brown & Brown said it has acquired four insurance agencies in Connecticut. Financial terms of the acquisition were not released.