American International Group Inc. said it has agreed to reserve $178 million, part of which will pay broker and lender fees, in a settlement of its alleged mishandling of subprime homeowner loans tha

In a ranking of industries on the bleeding edge of technology, it is unlikely that the insurance industry would make the top 100, yet there is no question that better technology can and does benefit

A lot was happening on and off the exhibit floor at the 2007 ACORD LOMA Systems Forum in Orlando last month. NU's Ara Trembly gives you the inside dirt on what took place at

Agent and broker groups were roundly critical of the Risk and Insurance Management Society's latest stand on producer compensation, suggesting the corporate buyer group was going overboard in its

Two key state legislators who are demanding that the National Association of Insurance Commissioners end locked-door proceedings managed to get by a security guard last week and secure admittance to

The New York-based I.I.I. warned that the soaring growth of the state-run operations may ultimately shift much long-term risk of hurricane-related losses to policyholders and taxpayers, even those

Skywire Software, a provider of software and services for the insurance industry, has announced availability of InsBridge, 3.8, the latest release of the rating, rules, and underwriting system, along

During the renewal process, buyers with cat exposures have faced restrictions in terms and conditions, reduced capacity, increased pricing and increased retentions, according to Duncan C Ellis,