The U.S. GAO has reported that the federal crop insurance program is historically vulnerable to, "fraud, waste and abuse."

The suit alleges that State Farm refuses to pay the full hourly rate charged by mechanics certified to repair luxury autos.

Following closing, Re Solutions CEO Asaf Grinstein will become CEO of Guy Carpenter Israel.

Insurance industry news from Corvus Insurance, Synatic, Verisk and more.

AXA SA, Scor SE and Allianz SE are the latest members of the Net Zero Insurance Alliance to leave the group in recent months.

The deal will make HDI International the third-largest player in the Latin American P&C market.

A new Littler Mendelson survey found two-thirds of in-house attorneys and corporate leaders were concerned about the technologies' impact on employee morale and compliance with privacy laws.

Growing construction costs, increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.