Maurice "Hank" Greenberg denied any wrongdoing and was roundly critical of a New York State judge's decision finding the former American International Group chief executive liable for a scheme to hide losses.

American International Group Inc. said that Robert H. Benmosche, its president and chief executive officer, has been diagnosed with cancer and is undergoing aggressive chemotherapy.

In an effort to enable employers to more accurately identify and prevent claim fraud, Sedgwick CMS and Factual Photo initiated an agreement whereby a subsidiary of Sedgwick CMS will acquire the operations of Factual Photo.

A Seattle woman has pled guilty to filing a false claim in an insurance case after allegedly smashing her van into two parked cars.

A hurricane and a typhoon produced significant damage and deaths over the weekend, but insurance losses are expected to be negligible.

Renewable energy will be a driver for growth in insurance premium, at least in Germany where there is firm commitment to the growth of the industry, according to Munich Re.

Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.

A New York state judge ruled that former American International Group Chief Executive Maurice "Hank" Greenberg was liable for damages on a reinsurance contract that the state's attorney general said helped the insurer hide losses.