Traditional reinsurance poses no threat to global financial stability, but the industry should still be closely watched because of its peripheral involvement in potentially risky activities, regulators said on Wednesday.

Insurance agents have a lot to offer start-up businesses besides just insurance-coverage opportunities and advice, says a Travelers executive.

Insurance agents have a lot to offer start-up businesses besides just insurance-coverage opportunities and advice, says a Travelers executive.

Insurance agents and brokers will be among those primarily impacted by an increase in estate-tax liability if Congress is unable to bridge the ideological divide on extending tax cuts first enacted in 2001.

U.S. wireless carrier Sprint said on Thursday it will move into the hot market for tracking technology that lets auto insurers monitor how, where and when their customers drive.

U.S. wireless carrier Sprint said on Thursday it will move into the hot market for tracking technology that lets auto insurers monitor how, where and when their customers drive.

The Allstate Corp. today issued a second-quarter catastrophe-loss estimate of $820 million on a pre-tax basis.

While insurers have achieved steady rate increases in personal lines, more needs to be done to contend with weather-related losses in the homeowners line and high-severity losses in personal auto, according to a Travelers executive.