Medical malpractice insurance rates might be too high because some insurers are spending as little as two or three percent of premiums to pay out claims, according to the California Department of Insurance.

The 21-year-old grandson of a former mayor is alleged to have covered up driving his pickup truck into a concrete power pole at a used car dealership.

Mitchell International, Inc., a provider of information, workflow, and performance management solutions to the property/casualty claims and collision repair industries, expanded its claims technology platform with the introduction of the Mitchell Regulatory Reporting Solutions

A federal judge in New Orleans has denied requests by more than a half dozen insurers to have Chinese drywall litigation against them rejected.

The role that insurance agents play in the health marketplace in 2014 and beyond will likely be left up to the states, said Joel Ario, head of the insurance exchange bureau of the federal Department of Health and Human Services (HHS).

A.M. Best does not expect a turn in the property and casualty market in the near term though the rating agency points to several possible obstacles.

The Government Accountability Office has sounded the alarm on National Flood Insurance Program shortcomings and has called on Congress to restructure the program.

More reserve charges could be ahead for American International Group Inc. (AIG), according to analysts.