Armonk, N.Y.-based bond insurer MBIA Inc. reported a fourth-quarter loss of $1.2 billion--better than the previous year's fourth-quarter loss of $2.3 billion--while the company's CEO called for a

Despite reporting a $60 billion-plus loss for the fourth quarter, American International Group got generally mixed reviews from rating agencies, most supporting the company's insurance financial

Marsh & McLennan Companies will pay more than $83.5 million to settle a class-action suit filed by those who were clients of the firm's insurance brokerage arm while it engaged in alleged bid-rigging

Marsh & McLennan's focus this year will be on building its small-commercial market insurance agency business--a niche the company's chief executive said should be highly profitable, but which he

Selling "green" insurance products might be just another niche for a carrier. But to effectively market coverage for such exposures to true believers, it helps to "walk the walk" if you're going to

While some may dismiss talk about environmental sustainability as a misguided or even bogus agenda for liberal activists, the economic reality is that "going green" means new, potentially lucrative

The company reported an after-tax loss of $542 million in 2008, compared with net income of $5.46 billion in 2007. State Farm said "extraordinary levels of catastrophe losses" adversely affected its

The Insurance Council of Australia said on Wednesday that approximately 60 percent of personal and commercial claims received have been assessed by insurers as adjusters are able to gain access to