RLI Corp. said that it will acquire Contractors Bonding Insurance Co. through an acquisition of its holding company, Data and Staff Service Co. for approximately $137 million in cash.

While its chief executive declared that it can "see the finish line" to paying back the Government bailout, AIG proved it can raise money from private investors after announcing a series of multi-billion dollar private sector loan agreements.

In terms of insurance losses, the blizzard that hit the northeast over the holiday weekend is less severe than snowstorms affecting the same area earlier this year, according to officials at the Insurance Information Institute.

As insurers become more familiar with the power of analytics technologies, they continue to look for new opportunities to further leverage capabilities, making claims triage a logical next step.

Easterle Mattes is hired as vice president of Meadowbrook Insurance Agency.

Representatives of the insurance industry--both life and property and casualty--are raising strong objections to the Federal Reserve Board's new initiative to make credit insurance subject to strong disclosures through the Truth In Lending Act....

Claims initially reported about the Aaron Jones case on October 8, 2010, during his trial for three counts of mail fraud, and one count of using fire in the commission of a felony.

Catlin Group Limited said it has increased its estimated losses from the Sept. 4 New Zealand earthquake by $10 million.