News

Agents and brokers were warned at an industry conference that workers' compensation coverage written for a business operation in one state won't protect that firm's operations in other jurisdictions.

In the wake of President Obama's call for a renewed effort to pass health care legislation, House Speaker Nancy Pelosi, D-Calif. said House lawmakers will try to separately pass smaller pieces of the bill.

Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a congressional committee that if action was not taken to bail out American International Group it would have been a catastrophe for the nation.

The revival of the New York Insurance Exchange will not have a huge impact on the insurance marketplace because the securities market is already filling the capacity needs of insurers, the Insurance Information Institute's president said.

A Jackson, Miss. grandma admitted to staged a slip-and-fall at a local grocery and then trying to wrangle a financial settlement.

The danger of political and credit risk losses has surged as the global economic crisis takes a toll on world economies, according to an analysis by Aon Corp.

Since the windstorm mitigation discounts were implemented for Florida homeowners, the residential property insurance market's financial performance has worsened, according to a state study group.

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