Detroits proposal to exit its record municipal bankruptcy by paying retirees more than bond investors will cause serious mayhem, an attorney for the plans opponents told a judge.

The leadership transition at insurer American International Group Inc. is like switching generals after winning a war, Chairman Steve Miller said today.

The worst reinsurance market in memory looks set to carry into 2015, industry executives said.

A claimant needs some extra cash and decides that insurance fraud is the answer, so he stages a collision or just enhances the damage to his car caused by an actual impact and tries to cash in on the loss. But how can you tell the difference?

A claimant needs some extra cash and decides that insurance fraud is the answer, so he stages a collision or just enhances the damage to his car caused by an actual impact and tries to cash in on the loss. But how can you tell the difference?

News from Willis, The Insurance Marketing and Communication Assn., Zurich North America and more

All 2,200 U.S. stores may have been compromised.

All 2,200 U.S. stores may have been compromised.