New York-based specialty insurer Delos Insurance Group said it has signed a joint venture agreement with Avoca Insurance Holdings to form a new specialty underwriting management company. Transaction terms were not released.

Denny McCarthy of Burtonsville, Md., and Caroline Powers of Bowling Green, Ohio, won the boys and girls divisions, respectively, at the 41st Annual Trusted Choice, Independent Insurance Agents & Brokers of America golf tournament.

A former Miss. deputy sheriff and police officer has been convicted of felony insurance fraud after falsely claiming his car had been stolen.

American International Group Inc. announced today that Robert G. Gifford has been named president and chief executive officer of AIG Global Real Estate.

A New Jersey appeals court has ruled that state officials can go ahead and implement a controversial medical fee schedule for auto injuries that doctors charged was too low.

Bond insurer Ambac Financial Group Inc. reported it had a second-quarter net loss of $2.4 billion, driven by loss expenses related to its residential mortgage-backed securities (RMBS) and other-than-temporary impairment investment losses.

Insurers appear to be turning the corner in the second half of 2009 despite the struggling economy

The typhoon which hit Taiwan Friday left at least 14 dead, destroyed hundreds of homes, brought down bridges, toppled a hotel and did more than $100 million in crop damage, Guy Carpenter reported.