News

What is the meaning of rain? An Iowa appellate court had to answer that question in an insurance-coverage dispute between Amish Connection, Inc., and its insurance carrier, State Farm Fire & Casualty Company.

The U.S. Court of Appeals for the Eighth Circuit determined claims brought by four siblings that their former financial advisor had misrepresented investments amounted to a single claim under the advisors professional liability insurance policy.

News from the Big "I," Allied Public Risk, the American Assn. of Insurance Services, Cross Insurance, AssuredPartners, Zurich North America and more

Asbestos-related losses are not likely to create any severe capital shocks for property and casualty insurers, but those losses will continue to bleed through insurers earnings, and asbestos reserves may be deficient by as much as $9 billion as of year-end 2013, a new analysis says.

Arthur J. Gallagher & Co., the insurance broker expanding beyond the U.S. through acquisitions, sold about $821.8 million of shares in an equity offering to help fund its latest deal.

In the wake of Heartbleed, the study sounds the alarm for increasing awareness of cyber threat.