American International Group will gain approximately $2.1 billion over its initial $5 billion investment in Maiden Lane III when the Federal Reserve Board of New York completes its sale of securities held in the facility.

Two Colorado wildfires that have caused more devastation than any wildfire season in the states history are expected to cause nearly $450 million in insured losses, according to a state association.

Allstate says it is ensuring the protection of all of its customers by dropping insurance for about 10,000 customers in South Carolina.

Allstate says it is ensuring the protection of all of its customers by dropping insurance for about 10,000 customers in South Carolina.

Insurer Hartford Financial on Monday said it expects up to $300 million in pretax losses due to natural disasters in the second quarter, a figure down sharply from a year earlier.

Munich Re's chief executive has warned that the industry will not be able to live forever with low interest rates which limit insurers' abilities to make money on capital investments while having to pay out guaranteed returns to customers.

Acquisitions and Alliances for Main Street America Group, Marsh & McLennan and IronPro, New Programs from Oracle and Markel, Anderson Benson Insurance founded, Hallmark Insurance chooses IVANS for automation project

Michael McRaith, director of the Federal Insurance Office, is moving aggressively to reduce the differences between European and U.S. insurance regulatory and supervisory schemes, and to resolve a dispute holding up the release of the FIO's anticipated report on insurance modernization.