Assemblyman Joseph D. Morelle, D-Rochester, who heads the Assembly Insurance Committee, made his remarks here Friday in an address to the Professional Insurance Agents of New York's annual

Christian Milton, a former vice president of American International Group, was sentenced last week to four years in prison in connection with a scheme to manipulate the company's financial statement

The infamous Bernard L. Madoff stands accused of making off with $50 billion from some presumably very savvy investors. How he managed to dupe them and the Securities and Exchange Commission remains

Liberty Mutual has sold off its middle-market direct sale renewal business to three major insurance brokers, while retiring its Wausau Insurance brand and creating a new commercial business unit to

It's far more prudent to have third-party finance premium payments, experts

Reporting its fourth quarter results, the company said its income loss came in at an estimated $1.13 billion compared to net income of $760 during the same period of 2007. This translated into loss

Wells Fargo, which owns the insurance brokerage firm Wells Fargo Insurance Services Inc., reported yesterday that insurance revenue dropped $33 million in the fourth quarter of last year to $337

In an investor's note, Stifel Nicolaus analyst Meyer Shields said the political criticism that State Farm will suffer from its decision could benefit Allstate, which may attract "some disenfranchised