News

American International Group's financially stressed aircraft leasing operation said it is looking for a new senior secured term loan of up to $750 million backed by its inventory of jets.

Industry experts discuss how to jump-start insurer information technology initiatives in a tough economy in a Feb. 25 webinar presented by Tech Decisions For Insurance, a sister publication of National Underwriter.

Workers' compensation insurance injury claims are dropping in frequency, but the medical costs of such claims are spiking, according to a medical testing firm's survey.

An investor advocacy group announced it is suing the board of Zenith National Insurance Corp. alleging Zenith's planned $1.4 billion sale to Fairfax Financial Holdings Ltd. undervalues the company.

So far State Farm is the only insurer to unearth data linking auto accident claims to problems with Toyota manufactured cars and trucks, but airing industry statistics is still likely during two House hearings.

House legislation to repeal the antitrust exemption afforded health insurers will not apply to medical malpractice insurers, according to the latest draft of the bill.