American International Group, even as its financial situation became risky, doled out millions in bonus money and ignored concerns voiced by regulators and auditors, according to material revealed at

While the environment and climate change have been a major issue for Sens. Barack Obama, D-Ill., and John McCain, R-Ariz., along the presidential campaign trail, the biggest impact of their proposed

While the court ruled that conflicts of interest within a plan should be considered during legal challenges to a benefits decision, it also provided plans with a means of mitigating the potential

A House Financial Services Subcommittee has approved three key reform bills--two aimed at improving the insurance regulatory system, and the other increasing the availability of coverage by expanding

Members of the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises approved the measures by a voice vote. Those passed included the Insurance Information Act, or HR 5840; t

Under the deal with the Omaha, Neb.-based firm, Florida will pay Berkshire Hathaway $224 million, which will be taken from the Cat Fund's reserves, in exchange for a guarantee that the insurer will pu

The poll of nearly 3,000 organizations conducted by Towers Perrin also found that in the United States, D&O premiums in 2007 declined by an average 14 percent last year--an even sharper fall than the

WASHINGTON--A congressman from the Gulf Coast has introduced legislation to provide government loans homeowners could used to strengthen homes against natural disasters, drawing support from insurance