In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.

In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.

A hurricane warning is in effect for the east coast of the Yucatan Peninsula, from north of Punta Gruesa to Cancun, as Hurricane Rina bears down on the region.

A hurricane warning is in effect for the east coast of the Yucatan Peninsula, from north of Punta Gruesa to Cancun, as Hurricane Rina bears down on the region.

A case before the Georgia Supreme Court asks whether a homeowners' association should have protected a resident from an alligator attack.

Insurance broker Willis Group Holdings plc says third-quarter net income decreased 8 percent in part due to a $15 million charge for its operational review that eliminated 200 positions during the third quarter.

Insurance broker Willis Group Holdings plc says third-quarter net income decreased 8 percent in part due to a $15 million charge for its operational review that eliminated 200 positions during the third quarter.

A judge threw out federal securities-law claims in Allstate Corp's fraud lawsuit against Bank of America Corp's Countrywide unit over $700 million of toxic mortgage debt, but said the insurer may pursue state law claims.