The impact of natural catastrophes took a toll on Swiss Re during the 2011 first quarter, as the company reported a net loss of $665 million.

State Auto Financial Corp. says higher levels of catastrophes and large liability losses offset strong personal auto results and improvements in property lines.

Insurance broker Willis Group Holdings reported first quarter net income dropped 80 percent primarily related to its operational review and repurchase of debt.

Insurance broker Willis Group Holdings reported first quarter net income dropped 80 percent primarily related to its operational review and repurchase of debt.

The Senate Banking Committee on May 12 will hear from the industry and members of the Financial Stability Oversight Council on the criteria the agency will use in determining if an insurance company is eligible for federal oversight.

The Senate Banking Committee on May 12 will hear from the industry and members of the Financial Stability Oversight Council on the criteria the agency will use in determining if an insurance company is eligible for federal oversight.

Though the South has seen similar scams after hurricanes and the Gulf oil spill, the speed of flimflam men this time around has surprised authorities and survivors.

MajescoMastek, the U.S. subsidiary of global technology solutions provider Mastek Limited, announced its new policy administration software offering, Elixir North America Policy Administration System, an end-to-end back office solution managing of the policy lifecycle from new business to claims for life, health and annuity insurance carriers.