News

Legislation will be introduced in the House allowing risk retention groups to sell commercial property insurance, according to an industry source.

The head of America's Health Insurance Plans said at a conference here that Congress and the Obama administration should stop excoriating carriers and focus on solving health care legislation problems.

American International Group Inc. said it had an agreement to sell American Life Insurance Company to MetLife Inc. for approximately $15.5 billion.

As Haiti and Chile work to recover from devastating earthquakes, an insurance trade association reminded New York residents that out of 50 states, theirs has the fourth-highest earthquake risk.

National Underwriter is accepting entries and nominations for its fourth annual "Awards For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compensation Insurance.

Guidance from the Federal Emergency Management Agency regarding the lapse in the National Flood Insurance Program on Monday and Tuesday was revised late yesterday by the agency.