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Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies.

Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies.

The Travelers Cos. says 2011 fourth-quarter net income fell 31 percent as underwriting gains suffered from lower prior-year favorable reserve development and catastrophe losses.

Louisianas last-resort insurer is considering going to the U.S. Supreme Court after the states highest court chose not to reconsider its decision to reinstate a $92.7 million award in favor of policyholders.

Economic conditions for 2012 do not look particularly promising, challenging companies to find unique ways to generate sustainable growth and profitability. Continued high unemployment, near zero interest rates, limited growth in the economy, increased consumer diversity, extended low investment returns, intensified service expectations, expanded competition, and a probability of...

Are insurance carriers prepared for cyber attacks on their systems and their data?