Mortgage insurer MGIC Investment Corp has sued mortgage financier Freddie Mac and the Federal Housing Finance Administration to settle a dispute over coverage limits on certain insurance policies.

Mortgage insurer MGIC Investment Corp has sued mortgage financier Freddie Mac and the Federal Housing Finance Administration to settle a dispute over coverage limits on certain insurance policies.

American insurers Travelers Co Inc and United Services Automobile Association plan to raise about $300 million of protection against potential hurricane claims via a sale of catastrophe bonds, market sources said on Friday.

Bermuda-based reinsurer Axis Capital Holdings Ltd named XL Insurance finance chief Joseph Henry as its new Chief Financial Officer, filling the post vacated by Albert Benchimol, who has taken over as the company's CEO.

Shifting and emerging market conditions are making it more difficult for P&C and life insurers to continue to operate with traditional business models. Growing competition, shifting consumer expectations, heightened regulatory requirements, and unstable economic conditions make it imperative that insurers evolve their existing business models and embrace new technologies for...

The House has passed a 30-day National Flood Insurance Program extension that would push the programs expiration date back to June 30.

The House has passed a 30-day National Flood Insurance Program extension that would push the programs expiration date back to June 30.

New York State regulators intend to expand their review of insurance coverages beyond force-placed insurance programs, according to Benjamin M. Lawsky, superintendent of Financial Services.