Insurance agents who support creation of a federal charter for insurance lashed out at the National Conference of Insurance Legislators for being misleading when it told members of Congress that premium taxes would be lost if a federal insurance charter is created.

Tort costs dipped 2.7 percent in 2009, but the level is expected to grow over the next two years as the gross domestic product grows.

American International Group said it expected to close on its recapitalization plan last Friday, Jan. 14, and that it will issue about 75 million warrants to shareholders later this week.

Rep. Michele Bachmann, R-Minn., plans to introduce legislation repealing the Dodd-Frank financial services law, calling it “misguided” and a “blatant abuse of power.”

Although property and casualty insurers weathered the global financial crisis better than other types of financial services firms, emotional scars remain, prompting insurers to hang onto extra capital.

Thirty years ago, insurers couldn't run fast enough from environmental risks. Today, more than 40 carriers are vying for pollution business. At a time when high-profile exposures like last year's BP oil spill are making headlines and underlining the need for coverage, learn how to get an edge in this...

RIMS President Scott Clark discusses his plans for the organization, the challenges risk professionals face, and how the perceived value of risk managers is changing in 2011.

Obesity is growing globally, with America leading the way. In the United States, the incidence of obesity is the highest of all reporting countries and the trend continues unabated.