News

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 of industry statistics is still likely during two House hearings next week.

Property and casualty insurers are seeing rising loss costs, increased levels of litigation and higher rates of fraudulent claims because of the struggling economy, a survey has found.

The White House and congressional Democratic leaders are crafting a new health care reform bill including a tax on high-priced health insurance plans, according to administration officials and industry sources.

The Florida Office of Insurance Regulation has issued an Order to 12 entities, following an investigation into "fax blasts."

The economic downturn is a time of opportunity for insurance-related enterprises with the right strategy, according to Pat Ryan, the former chief executive of Aon Corp.

PartnerRe Ltd. announced that Bruno Meyenhofer, the chairman of PartnerRe Global, has advised the company he will retire, effective March 31.