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Deteriorating underwriting results and declining investment returns led to a decline of more than 50 percent in the U.S. property-casualty industry's net income for the first half of 2008, according t

The measure now goes to the Senate, which can act on the flood program extension measures in two different formats the House has supplied. One is a stand-alone bill approved on Tuesday; the other, pas

In its "Airline Insurance Market Indicators Autumn 2008" report, the Chicago-based broker's aviation unit in London said the airline insurance market is hardening for the first time in five years even

The MCAS (market conduct annual statement) was one of a number of items that state insurance commissioners made official NAIC policy. Others included a model regulating the use of titles that life ins

Lloyd's today released an interim report showing before-tax profit of ?949 million ($1.88 billion) for the six-month period ended June 30, compared with ?1,807 million for the same period in 2007 ($3.

American International Group Inc. announced last night that the company's new Chairman and Chief Executive Officer Edward M. Liddy will "provide an update on AIG's future direction" at an investors c