A new Government Accountability Office report about the federal rescue of American International Group shows there was vigorous debate about whether the Federal Reserve should provide assistance to the insurer, and what the state-level and international implications would have been should the government not act.

Validus Holdings Ltd. says it has extended its offer for Transatlantic Holdings Inc. until Nov. 25.

PartnerRe Ltd. and Greenlight Re reported drops in net income for the third quarter of this year while executives at both companies say they are beginning to see improvements in rates.

PartnerRe Ltd. and Greenlight Re reported drops in net income for the third quarter of this year while executives at both companies say they are beginning to see improvements in rates.

Quality Planning says inaccurate mileage assessment and other factors undermine auto insurers' underwriting decisions, causing billions in premium leakage each year.

Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner Ralph Hudgens say they have renewed a partnership agreement on a contingency plan between their respective states.

Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner Ralph Hudgens say they have renewed a partnership agreement on a contingency plan between their respective states.

Through the first nine months of this year, insured catastrophe losses are close to rivaling the worst insured catastrophe year of 2005and the bulk of those losses can be traced back to events in Asia, according to a report from Guy Carpenter.