News

Arthur J. Gallagher & Co. insurance brokerage declared a regular quarterly cash dividend of 32 cents a share on its common stock payable on April 15 to shareholders of record as of March 31.

The CPCU Society said it has established a special fund to aid victims of the Haiti earthquake and plans to make a matching donation of up to $25,000.

Indiana's Republican Gov. Mitch Daniels ordered his state's insurance department not to participate in a National Association of Insurance Commissioners climate risk survey, one official said.

House Democrats are planning a vote next week on legislation that would repeal the McCarran-Ferguson Act anti-trust laws exemption for health care and medical malpractice insurers.

House Democrats are planning a vote next week on legislation that would repeal the McCarran-Ferguson Act anti-trust laws exemption for health care and medical malpractice insurers.

A recent Katrina-related trial in Mississippi that accused an insurer of bad faith, breach of contract, and other charges related to its claim-handling practices has ended with a favorable verdict for the defendant.