Travelers Cos. said first-quarter profit slipped 17% as catastrophe costs climbed and investment income dropped on lower hedge fund returns.

U.S. aviation regulators have granted the first approval for commercial drone flights at night in the latest example of the expanding uses of unmanned aircraft.

New Yorks financial regulator promoted Scott Fischer to be the states top insurance watchdog, a position that involves overseeing about 1,700 companies with more than $4 trillion of assets.

Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls.

New technologies bring great advancements and new hazards that have not been contemplated, handled or previously rated.

Also known as a Wait-and-See agreement, it is simply a buy-sell contractual agreement between two unrelated parties that kicks in when a specific event occurs.

The changing nature of their profile could leave high-net-worth individuals exposed to significant risks. Fortunately, there are steps they can take to protect themselves.

Direct written premiums for the commercial auto insurance market totaled $31.2 billion for 2015.