News

A nationwide law firm is at work creating a coalition of insurer representatives to oppose a new rule by New York making it mandatory for directors and officers liability insurers to manage any legal

Red ink stained the property-casualty insurance sector's third-quarter financial results, as the industry combined for a net loss of $9.9 billion, while profits plunged 92 percent for the full year

NEW YORK--The property-casualty industry is entering an "invisible hard market" as exposures disappear in a contracting economy, which hides the bottom-line benefits of rising prices, the head of

When it comes to buying auto insurance online, there is good news and bad news. The good news is that online auto insurance rates overall seem to be lower than in previous years. The bad news is tha

American International Group, Inc. (AIG) has issued a statement challenging assertions that it may have to absorb around $30 billion more in write downs because of the way the company accounts for its

A federal judge in New Orleans has dismissed a lawsuit filed after plaintiff's lawyers in Louisiana complained in 2007 that insurers facing lawsuits filed in the wake of Hurricanes Katrina and Rita we