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The Treasury Department, through the Federal Insurance Office, is looking into the affordability and availability of auto insurance, driven in part by the conflicting statements from industry and consumer groups about the issue.
Congressional pressure has moved the National Retail Federation to establish an industry group that will foster sharing of security info between the public and private sector.
Federal Reserve Board officials are making clear that they have a wait-and-see attitude about support for international initiatives aimed at establishing uniform capital standards for insurance companies.
Endurance Specialty Holdings Ltd., the Bermuda-based provider of property and casualty insurance, announced a $3.2 billion offer to buy Aspen Insurance Holdings Ltd. after the target company turned down its proposal.
Insurance associations are welcoming the Senates introduction of a TRIA extension, but some industry officials are concerned about language in the bill.
What is the meaning of rain? An Iowa appellate court had to answer that question in an insurance-coverage dispute between Amish Connection, Inc., and its insurance carrier, State Farm Fire & Casualty Company.
The U.S. Court of Appeals for the Eighth Circuit determined claims brought by four siblings that their former financial advisor had misrepresented investments amounted to a single claim under the advisors professional liability insurance policy.
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