American International Group Chief Executive Officer Robert Benmosche has signed a non-compete agreement, a company spokesman said.

The Insurance Information Institute in advance of the "Black Friday" shopping day after Thanksgiving said it was urging shoppers to take preventive measures to avoid the risk of identity theft.

New York State Insurance Superintendent James Wrynn has proposed regulatory changes to help combat phony auto injury claims that plague the state's no-fault system.

The Insurance Industry Charitable Foundation announced it will honor Joseph Plumeri, Willis Group Holdings chairman and chief executive officer, at its 2009 New York Division Gala.

The recall of more than 2.1 million baby cribs by the U.S. Consumer Products Safety Commission should not have a serious impact on insurers, but might pique demand for recall coverage, experts suggest.

The Consumer Product Safety Commission defended a study it commissioned on Chinese drywall after a chemical trade group criticized one of its findings related to the presence of formaldehyde.

State Farm said it has awarded a $4 million grant to the Local Initiatives Support Corporation's Building Sustainable Communities initiative.

The National Conference of Insurance Legislators said it has adopted a model act for state lawmakers designed to discourage faulty airbag repairs and airbag theft.