News

As the space shuttle program nears retirement, private commercial companies are using more of their own capital and help from NASA to develop spacecraft to deliver cargo and humans to space, bringing forth new needs for commercial insurance.

Property/casualty insurance companies "do not have the characteristics of a firm that pose a system risk," and therefore should not be subject to federal oversight, a coalition of large insurers told federal regulators.

A policyholder group is criticizing the Wisconsin Office of the Commissioner of Insurance for not protecting Ambac Assurance Corporation policyholders after

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

One of Florida's largest writers of homeowners insurance and another domestic property insurer each reported gains in third quarter net income.

Lawsuits filed in reaction to low deal prices for mergers and acquisitions helped fuel an increase in the overall level of third-quarter securities lawsuits, even as suits related from the credit crisis petered out, experts said recently.