Responding to the earthquake in Haiti, insurance industry firms are arranging to provide the devastated nation with millions in financial aid from their companies and employees.

The U.S. property and casualty insurance industry has a problem attracting talent and fails to make the coordinated effort needed to find a remedy, according to McKinsey & Company.

The U.S. property and casualty insurance industry has a problem attracting talent and fails to make the coordinated effort needed to find a remedy, according to McKinsey & Company.

Insurance broker Aon Corp. said in a filing it paid more than $50 million last year to sponsor British professional soccer team Manchester United.

The airline insurance industry saw claims outstrip premium by $400 million in 2009, marking the third consecutive year of loss for the industry in this sector, according to Aon insurance brokerage.

New York Gov. David A. Paterson said he will push to revive the defunct New York Insurance Exchange to help "maintain New York's status as the financial capital of the world."

An earthquake off the coast of northern California is not expected to produce significant numbers of insurance claims, according to a catastrophe modeler.

Discussions about a new arbitration program designed to more efficiently resolve inter-insurer disputes over construction defect claims were recently held between two major associations.