BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter.

Insurance broker Arthur J. Gallagher says its second-quarter net income jumped 30 percent on the combination of new business and strong retention.

Specialty-lines insurer Axis Capital reports second-quarter net income of $72 million, compared to $168 million during the same time a year ago.

German automaker Volkswagen successfully convinced Englands High Court to issue an interim injunction against Englands University of Birmingham that will delay publication of an academic paper on how anti-theft systems are at risk from hackers.

German automaker Volkswagen successfully convinced Englands High Court to issue an interim injunction against Englands University of Birmingham that will delay publication of an academic paper on how anti-theft systems are at risk from hackers.

Louisianas two senators are furthering their quest to forestall flood insurance rate increases by asking President Obama not to nominate the Federal Emergency Management Agency administrator as Homeland Security secretary.

Louisianas two senators are furthering their quest to forestall flood insurance rate increases by asking President Obama not to nominate the Federal Emergency Management Agency administrator as Homeland Security secretary.

Hires at Swett & Crawford and Aon Risk Solutions. New Programs at Allied World Assurance, CNA and ISO. Farmers launches new logo.