Former Marsh executive William Gilman has filed a $60 million complaint against Eliot Spitzer and The Slate Group, LLC over an article Spitzer wrote for Slate that is, according to the complaint, patently false and defamatory to [Gilman] in several respects.

Former Marsh executive William Gilman has filed a $60 million complaint against Eliot Spitzer and The Slate Group, LLC over an article Spitzer wrote for Slate that is, according to the complaint, patently false and defamatory to [Gilman] in several respects.

The Arizona Department of Insurance has placed PMI Mortgage Insurance Co. (MIC) and PMI Insurance Co. (PIC) under supervision and has ordered the companies, both part of the PMI Group, to cease issuing new mortgage insurance commitments.

The Arizona Department of Insurance has placed PMI Mortgage Insurance Co. (MIC) and PMI Insurance Co. (PIC) under supervision and has ordered the companies, both part of the PMI Group, to cease issuing new mortgage insurance commitments.

Proposed changes to New Jerseys personal injury protection coverage would benefit insurers from a credit perspective as reforms would reduce legal expenses and clarify medical reimbursement for specific injury types, according to Moodys.

Recent disclosures by three insurance companies regarding increased asbestos claims are a warning flag for those companies and the U.S. property and casualty industry as a whole, according to Moodys Investors Service.

Recent disclosures by three insurance companies regarding increased asbestos claims are a warning flag for those companies and the U.S. property and casualty industry as a whole, according to Moodys Investors Service.

Nationwide Insurance reports a 2011 second-quarter net loss of $292 million, driven almost exclusively by weather-related losses that were among the highest the company has ever experienced in the first half of a year.