The update on the OII proposal came at the National Association of Insurance Commissioners session in Chicago and was raised as part of a broader overview of bills that Kansas City, Mo.-based NAIC is

Gustav was a tropical storm yesterday afternoon and strengthened into the season's third hurricane with sustained winds approaching 90 mph, a Category 1 storm on the Saffir-Simpson scale. The storm is

Crashes involving lighter vehicles generate more expensive auto injury claims, a nonprofit insurance industry-backed research group reported, and said the finding could offset accident frequency decli

The Oldwick, N.J.-based rating firm said the nonadmitted carriers overall outperformed the property-casualty industry in underwriting and operating performance, but declining prices and more aggressiv

Under the latest policy, issued as Bulletin 08-13, agents or insurers "may give inexpensive gifts to prospective or existing customers so long as such gifts are provided on a nondiscriminatory basis a

The angry comments by officials of ProtectingAmerica.org, established in 2005 by Allstate, highlights a huge split between insurers facing pressure by states to lower homeowner's insurance costs, and

The angry comments by officials of ProtectingAmerica.org, established in 2005 by Allstate, highlights a huge split between insurers facing pressure by states to lower homeowner's insurance costs, and

Aon Corp.'s plan, announced last week, to purchase London-based reinsurance broker Benfield Group Ltd. for $1.75 billion (?935 million) has drawn mixed evaluations from the three major rating agencies