News

News about AIG again dominated the headlines, as the carrier renegotiated its federal bailout loan, reported a third-quarter loss of $24.5 billion and denied that its property-casualty carriers are

Is the soft market nearing its end as price decreases begin to show signs of moderation and the country's financial turmoil starts to take a toll on insurance company earnings? Industry officials are

WASHINGTON--Hartford Insurance Group announced it plans to acquire a Central Florida thrift, and simultaneously applied for a thrift charter and federal aid under the government's capital purchase prog

The company explained that approximately $500 million in earned but deferred pay will be distributed in the first quarter of 2009, which is pay that individuals earned but volunteered to defer receivi

California prosecutors are considering action to secure legislation making it a criminal offense for an employer to ask or coerce an employee to avoid filing a claim with the workers' compensation sys

WASHINGTON--Marc Racicot, American Insurance Association president and chief executive officer, is resigning his position as of February 2009, and will be replaced by AIA Chief Operating Officer Leigh