A state lawsuit that alleged that Deloitte & Touche LLP was negligent in its auditing of the now-bankrupt carrier Reliance Insurance Company has been settled for $40 million, a Pennsylvania official

Auto and home insurance customers who deal with a local agency tend to be more satisfied than those who interact with their insurer's call center, according to a customer satisfaction survey from J.D.

The National Conference of Insurance Legislators will be focusing next year on broadcasting a message about how well state insurance oversight is working during the financial crisis, said James Seward

In another move, AIG was reported to be near completion of arrangements to sell off its aircraft leasing unit, International Lease Finance Corp. in Los Angeles. Spokesperson Peter Tulupman said he cou

In another move, AIG was reported to be near completion of arrangements to sell off its aircraft leasing unit, International Lease Finance Corp. in Los Angeles. Spokesperson Peter Tulupman said he cou

Speaking during an Ernst & Young teleconference, "Financial Crisis And The Insurance Industry," Robert W. Stein, global director of Actuarial Services, Ernst & Young LLP, said weaker companies will li

Speaking during an Ernst & Young teleconference, "Financial Crisis And The Insurance Industry," Robert W. Stein, global director of Actuarial Services, Ernst & Young LLP, said weaker companies will li

The firm said that with both private and corporate buyers feeling an economic pinch, the current trend for W&I claims for accounts and tax discrepancies will continue but the number will undoubtedly r