News

Black Friday, the day after Thanksgiving when the holiday-shopping rush begins, brings droves of people to stores and plenty of claims for auto insurers, says Progressive Insurance.

Ambac Financial Group, Inc. and Ambac Assurance Corp. will reopen their headquarters at One State Street Plaza in New York City on Monday, Nov 26.

President Barack Obama's administration on Tuesday formally proposed new rules requiring insurers to cover people with preexisting conditions and set minimum health benefits to millions of others under U.S. healthcare reform law.

While a recent report on executive compensation shows companies are seeking to limit increases for their top officers, a compensation consultant to the insurance industry says carriers had already adopted leaner increases before the Great Recession struck.

While a recent report on executive compensation shows companies are seeking to limit increases for their top officers, a compensation consultant to the insurance industry says carriers had already adopted leaner increases before the Great Recession struck.

With the latest round of take-outs, Louisianas last-resort insurer has reduced its policy count 43 percent since it reached an all-time high early in 2008.