News

Homeowners insurance controversies have made headlines in Florida, Mississippi and New York of late, as insurers and regulators struggle to maintain a viable catastrophe coverage market, and in some cases butt heads over rates and exposure.

U.S. property and casualty insurers--especially those in the personal lines market--operate in a tough environment.

American International Group has struck a deal in principle with federal officials "designed to repay all its obligations to American taxpayers"

Moody's Investors Service affirmed American International Group's (AIG) A3 long-term issuer rating and negative outlook, reflecting the rating agency's concerns about the possible end of government support for the insurer.

To keep uninsured drivers off the road at a time when premiums are unaffordable to some, California Governor Arnold Schwarzenegger this week signed into law the California Low Cost Automobile Insurance Program (CLCA) for low income, good drivers.

A Modesto motel owner may be in for an extended stay in jail after allegedly committing workers' comp insurance fraud.