Justices for the Court of Appeals for the State of New York peppered attorneys with questions for close to 45 minutes during a hearing on whether a group of banks can go ahead with a lawsuit against bond-insurer MBIA.

Allstate says it has the bases covered in its insurance distribution channel and is planning to revamp its business strategy to grow its property and casualty business for the future.

The airline insurance sector continues to be competitive as overall rates show a modest decline, and claims for the first half of the year have been impressively small for this period compared to the average, says a report from Aon.

QBE says it has completed its acquisition of Balboa Insurance from Bank of America.

QBE says it has completed its acquisition of Balboa Insurance from Bank of America.

Note holders will have to wait before they receive interest payments on the notes they were issued as part of a settlement with guaranty insurer Ambac as the Wisconsin Insurance Commissioner reviews the tax implications of such payments.

Note holders will have to wait before they receive interest payments on the notes they were issued as part of a settlement with guaranty insurer Ambac as the Wisconsin Insurance Commissioner reviews the tax implications of such payments.

The majority of first time auto insurance buyers now turn to the internet for a quote, bypassing traditional local agents or call centers, a J.D. Power and Associates report says.