American International Group, Inc. (AIG) has issued a statement challenging assertions that it may have to absorb around $30 billion more in write downs because of the way the company accounts for its

A federal judge in New Orleans has dismissed a lawsuit filed after plaintiff's lawyers in Louisiana complained in 2007 that insurers facing lawsuits filed in the wake of Hurricanes Katrina and Rita we

The Raleigh, N.C.-based insurance broker, and subsidiary of Winston-Salem, N.C., bank Branch, Banking and Trust Company said J. Rolfe Davis, founded in 1942, is a property-casualty and employee benefi

Insurance broker Brown & Brown said it has acquired two insurance agencies, one in Louisiana and the second in New Mexico. Terms of the deals ...

When it comes to buying auto insurance online, there is good news and bad news. The good news is that online auto insurance rates overall seem to be lower than in previous years. The bad news is

Despite some grim property-casualty industry-wide results for the first nine months of the year, one of the insurance industry's premier economists and leading spokesmen views a net income loss for th

A report released by the Bermuda Monetary Authority found that while Bermudian insurers exhibit sophistication in their use of models--particularly with catastrophic risk--there is room for improvement

IIHS said it tested seven 2009 small car models from various auto manufacturers. All cars tested earned the highest rating of "good" for frontal crashes, but only the Suzuki SX4 and Toyota Matrix (and