Legislation to repeal the antitrust exemption for health and medical malpractice insurers has been modified to include scrutiny of those insurers' practices, an insurance trade group said.

Zurich Financial Services Group reported third quarter net income rose 490 percent over the same period last year despite economic challenges.

A global temperature spike of 7.2 degrees Fahrenheit (4 Celsius) on average would increase insured flood losses in Great Britain 14 percent and Chinese typhoon losses 32 percent, a study has found.

Berkshire Hathaway and its insurance subsidiaries, including GEICO, have been placed on Rating Watch Negative over its plans to buy Burlington Northern Santa Fe railroad, Fitch Ratings said.

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

The New York's no-fault auto insurance law needs reform because medical claim costs are soaring as big legal loopholes permit fraud, the Insurance Information Institute said.

Claims Magazine nabbed a quick interview with Pizzi in order to find out how his 31-year background and previous roles at Nationwide would influence his company's claim department, the importance of the Golden Rule, and of course, the iPhone.

The New York Insurance Department is continuing efforts to revive the New York Insurance Exchange, with an "ambitious" goal of having it ready in 2010, an official said.