An 8-year veteran of the New York City Police Department has been charged with violating the civil rights of another, attempted violent extortion and attempted insurance fraud.

Swiss Re Capital Markets says it has placed a $247 million catastrophe bond for European windstorm risks.

BB&T Corp. says income from its insurance-services segment dropped 4 percent in the third quarter, but the company expects to see improvement in the fourth quarter.

Corporate interests and the plaintiffs bar are using a new Government Accountability Office study on asbestos trusts to renew their battle over whether the trusts should be required to be more specific in disclosing claims-settlement data.

Corporate interests and the plaintiffs bar are using a new Government Accountability Office study on asbestos trusts to renew their battle over whether the trusts should be required to be more specific in disclosing claims-settlement data.

European insurers can withstand more losses on their Greek sovereign debt, as well as potential defaults by Ireland and Portugal, credit rating agency Moody's said on Thursday.

New accounting rules effective in the 2012 first quarter will impact life insurers more than property and casualty companies, says Moodys Investors Service, and the rules, by themselves, will not impact the rating agencys view of insurers creditworthiness.

New accounting rules effective in the 2012 first quarter will impact life insurers more than property and casualty companies, says Moodys Investors Service, and the rules, by themselves, will not impact the rating agencys view of insurers creditworthiness.