The Martin Act, which gives the New York attorney general extraordinary enforcement powers, will drive companies out of the state unless businesses lobby to change it, according to Starr Insurance Holdings Chairman and CEO and longtime AIG boss Maurice Hank Greenberg.

Insurance regulation should focus on deterring future wrong acts, not on punishing the sins of the past, New Yorks top regulator said here Friday. ACE's Greenberg notes that building ACE would be "far more difficult" in today's environment.

Insurance regulation should focus on deterring future wrong acts, not on punishing the sins of the past, New Yorks top regulator said here Friday. ACE's Greenberg notes that building ACE would be "far more difficult" in today's environment.

The Michigan-based young agent discusses recruiting young talent, his future goals, legislative issues, sales strategies and more.

A recent report provides some evidence that companies in certain sectors that invest in state-of-the-art claims processing practices and technologies may be reaping the benefits of demonstrable efficiencies and lower costs.

Farmers Insurance Exchange is suing more than 40 New York no-fault medical providers for an alleged illegal fee splitting scheme.

An insurance program to protect U.S. futures traders from financial losses when a brokerage collapses would come at a high cost, according to a study released on Friday.

A Senate vote on legislation that would delay flood insurance premium increases for up to four years may take place next week.