A meeting of New York legislators and insurance industry groups led to no solution of coastal property owners' insurance issues, but may have underscored divisions between agents and insurers, said persons attending the meeting.

Liberty Mutual reported first-quarter net income rose by $293 million, primarily on the strength of investment gains.

Armonk, N.Y.-based bond insurer MBIA, Inc. reported a $1.5 billion loss for the first quarter of this year driven by a $2.2 billion unrealized loss on insured credit derivatives.

Insurance company executives and independent agents disagree over just how easy insurers are making it to do business with them--an area of opportunity for carriers to expand their business, a survey suggests.

Insurance company executives and independent agents disagree over just how easy insurers are making it to do business with them--an area of opportunity for carriers to expand their business, a survey suggests.

Private companies, despite being exempt from any government mandate, must be prepared to disclose details of their ERM programs because of their dealings with public firms that must comply with SEC requirements.

Insured losses from the Deepwater Horizon Drilling Platform explosion will likely total about around $1.4 billion, but are not expected to significantly impact this niche marketplace or buying behaviors.

American International Group reported a first-quarter profit of $1.45 billion, but its chief executive cautioned that volatility for the company's future earnings lies ahead.