Commercial Lines

The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.

If a pharmacist chooses not to fill contraceptive and abortion pill prescriptions based on their religious beliefs and is sued, could a liability claim ensue?

Federal Insurance Co., a unit of Chubb Corp., has filed a lawsuit against about 15 insurance companies over costs related to the defense of Deutsche Bank from claims filed after Sept. 11.

Nine weather-related disasters this year have cost at least $1 billion in economic losses, which ties the record number of disasters the United States experienced in 2008and the hurricane season still looms, says the National Oceanic and Atmospheric Administration.

American International Group Inc. has named Brian T. Schreiber, the man who led the restructuring and recapitalization of the once-bailed out insurance giant, as its treasurer.

American International Group Inc. has named Brian T. Schreiber, the man who led the restructuring and recapitalization of the once-bailed out insurance giant, as its treasurer.