Self-described Houston, Texas "millionaire is accused of bilking Medicare of at least $4.6 million. He, however, pleaded not guilty at his first court appearance on Nov. 2.

Since the birth of the commercial insurance business in the late 1600s when shippers, brokers, and underwriters gathered at Lloyds Coffee House to the present day with brokers and underwriters gathering through the Web, effective networking has been an integral component to a successful sale and a satisfied client. Then...

Since the birth of the commercial insurance business in the late 1600s when shippers, brokers, and underwriters gathered at Lloyds Coffee House to the present day with brokers and underwriters gathering through the Web, effective networking has been an integral component to a successful sale and a satisfied client. Then...

After raking in $3 million from scamming Medicaid, this Detroit, Mich. clinic operator trades a lavish home for a jail cell.

American International Group Inc. reports a third-quarter loss of $4.1 billion, but CEO Robert H. Benmosche insists the company is in "very good shape," with $15.3 billion in liquidity.

During its recent 67th annual meeting and seminar, the CPCU Society announced its lineup of directors and officers.

Despite the significant amount of catastrophe losses and stress from the weak economic conditions, the insurance industry could be on the cusp of taking off as the demand for the industrys risk expertise continues to grow, the chief executive of Willis Group says.

Auto insurers Mercury General Corp., Infinity Property and Casualty Corp. and Safety Insurance Group Inc. each report drops in third-quarter income, with Los Angeles-based Mercury General posting a $3.8 million loss.