News

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.

The Vermont Captive Insurance Association presented the following awards at its conference last week in Vermont

The Association of British Insurers says it expects insured losses of more than 200 million pounds from claims connected to the rioting and looting in London and other cities recently.

Fridays decision by an appeals court panel on the healthcare law ensures that the Supreme Court will be the ultimate arbiter of the laws constitutionality, but otherwise further muddies the water as to what benefits employers will have to provide to their employees, industry officials said.

Merger and acquisition activity remains on the same pace it has been on for the past three years, according to a report from reinsurance broker Guy Carpenter.

Recent disclosures by three insurance companies regarding increased asbestos claims are a warning flag for those companies and the U.S. property and casualty industry as a whole, according to Moodys Investors Service.