Carriers showed an increased interest in insurance-linked securities in 2012, producing a record year in cumulative-bond activity, says Aon Benfield.

Carriers showed an increased interest in insurance-linked securities in 2012, producing a record year in cumulative-bond activity, says Aon Benfield.

A bill proposed in the wake of Superstorm Sandy that would have insurers produce a single-page summary of a homeowners policy in New Jersey moved a step closer to passage after an Assembly committee approved language the industry can live with.

A New York State appeals court ruled that a preliminary injunction against a former Aon employee accused of poaching clients can remain in place as the case proceeds.

Liam E. McGee, the chief executive of The Hartford says surgery to remove a tumor on his brain was successful and he is returning to work today.

Liam E. McGee, the chief executive of The Hartford says surgery to remove a tumor on his brain was successful and he is returning to work today.

The National Association of Mutual Insurance Companies praised New York Governor Andrew Cuomo for his call to reform the states workers compensation insurance system, with the goal of bringing savings to businesses and competition to the marketplace.

The insurance industry faces an uphill battle in court as a recent poll found that the majority of people hold a bias against insurers and, as jurors, would be more likely to support an individual suing a carrier.