U.S. corn and soybean growers will pay lower rates from crop insurance in 2012 -- down by an average 7 percent for corn and 9 percent for soybeans, the federal overseer said.

ACE Ltd. has completed its $107 million cash buy of Penn Millers Holding Corp.

The Treasury Department will hold a public hearing Dec. 9 to gain industry views on what it should recommend in an upcoming report on modernizing and improving insurance regulation.

The Treasury Department will hold a public hearing Dec. 9 to gain industry views on what it should recommend in an upcoming report on modernizing and improving insurance regulation.

A bill to ban credit-based insurance scoring in underwriting private passenger automobile insurance was signed into law in Massachusetts.

A bill to ban credit-based insurance scoring in underwriting private passenger automobile insurance was signed into law in Massachusetts.

Fitch Ratings has changed its outlook on the title-insurance industry from negative to stable, saying the current ratings of these companies reflect the weakened state of the companies.

Catastrophe bond issuance could double over the final three months of 2011, fueled by strong demand from investors seeking a haven from wild price swings in mainstream financial markets, brokerage GC Securities said on Tuesday.