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The company said its board decided to explore a potential sale of the company among strategic alternatives to enhance shareholder value in response to recent expressions of interest by unidentified pa

New York--The inability of the U.S. insurance industry to ensure contract certainty in a timely manner is an embarrassment for the industry, and if a solution is not found regulators will impose their

American International Group has agreed to pay a record ?56.5 million ($98.9 million) for a sponsorship deal that puts its name on the shirts of Manchester United, the famed British soccer team, it wa

Members of the National Association of Professional Insurance Agents launched a vigorous lobbying effort on Capitol Hill today battling a new Senate bill that would provide some federal regulation of

"For Lloyd's to emerge with such a small loss represents an excellent performance by the market," Mr. Levene said. "That outcome would have been unthinkable just a few years ago, which is the true mea

The Colorado State University forecast team said Tuesday that the U.S. Atlantic Basin will experience an active storm season this year, but most likely with fewer intense landfalling hurricanes than l