Natural catastrophe events in April have cost Selective Insurance Group Inc. $25 million in pretax catastrophe and other property losses for the month of April.

Natural catastrophe events in April have cost Selective Insurance Group Inc. $25 million in pretax catastrophe and other property losses for the month of April.

A plan to overhaul Oklahoma's workers' compensation laws has been given final approval in the state legislature.

A plan to overhaul Oklahoma's workers' compensation laws has been given final approval in the state legislature.

A German insurance company says it organized an orgy with prostitutes in a renowned Hungarian spa to reward its best salesmen.

Jane Cline, the 2010 president of the National Association of Insurance Commissioners, will be retiring from her post as West Virginia insurance commissioner June 30.

Natural disasters have impacted the bottom line of reinsurers globally, with combined losses from the Japanese and New Zealand earthquakes, and cyclone and flooding losses in Australia, totaling $15.7 billion for 23 property and casualty reinsurers, leading to an aggregate loss of $3.5 billion, according to a report from Fitch.

Judge L.T. Senter — who presided over numerous insurance cases that arose from Hurricane Katrina — passed away at the age of 77 just weeks after retiring.