Insurance giant State Farm might be checking its own product recall and liability coverages after the U.S. Consumer Product Safety Commission announced the insurer agreed to a voluntary recall of a promotional toy.

An insurance executives' think tank in advance of tomorrow's London G-20 meeting has written finance leaders advising them that any regulatory moves to fix the economic crisis should recognize the difference between banks and insurers.

Munich Re said today it has completed its acquisition of all the shares in U.S. specialty insurer HSB Group from American International Group.

Ronnie Bennett thought he was being smooth when he dropped his car off for repairs at a mechanic, then decided to report the car stolen and collect a claim payment.

AgencyPort Insurance Services, Inc., a provider of Web-based solutions and services designed for property/casualty insurers, has formed a partnership with RiskMeter Online that will eliminate

Connecticut insurance officials have ordered Massachusetts-based Liberty Mutual Insurance Companies to pay almost $1 million in fines and restitution after a market conduct exam exposed several violations.

Responding to a rival bid for Bermuda-based property-catastrophe reinsurance specialist IPC Holdings from Validus Holdings yesterday, Max Capital said its lower-priced merger deal would create a company with better diversification.

Three pension funds are asking the government trustees overseeing the U.S. loan to American International Group to withhold their support for one of the AIG board members who served on the company's compensation committee.