AIG President and CEO Martin J. Sullivan said first quarter results were negatively affected by a one-time after-tax charge of $115 million. In addition, the company posted a $57 million after-tax los

WASHINGTON--The U.S. Treasury is expected to publish in Thursday's Federal Register its final rule for implementing the changes made in last year's 11th-hour extension of the Terrorism Risk Insurance A

The appellate court panel, based in Houston, upheld in a 2-1 split decision the constitutionality of retroactive state legislation that barred victims of asbestos-related disease from winning damages--

The deduction phases out dollar-for-dollar to the extent the business's annual investments exceed $400,000. Without action, the expensing limit would have declined to $25,000 and the phase-out thresh

The deduction phases out dollar-for-dollar to the extent the business's annual investments exceed $400,000. Without action, the expensing limit would have declined to $25,000 and the phase-out thresh

"Given the legitimate fears avian flu is sparking among epidemiologists, health officials, business and government executives, and the public at large, you might think the U.S. insurance industry woul

The homeowners' suit, filed in U.S. District Court for the Southern District of Mississippi, alleges the insurer denied many claims without investigating whether home damage was caused by water, and t

LAHAINA, HAWAII--While insurers weathered last year's catastrophe losses and defied pundit warnings of a possible hard market, the chief executive of the Insurance Services Office cautioned that popula