News

American International Group reported net income of more than $1.8 billion for the second quarter of this year--the first time the troubled New York-based company has shown a profit since the third quarter of 2007.

Should every individual be required by law to purchase health insurance coverage? That's the question posed in this week's NU Online Poll at www.property-casualty.com.

A U.K. proposal to reform the type of compensation that led to the current economic meltdown could be detrimental to insurers if regulators are not careful about how the new rules are applied, local carriers say.

Producers without an agency Web site are probably losing potential sales from online buyers, and one major auto insurer is offering to remedy that competitive disadvantage.

James J. Wrynn has officially been appointed to serve as New York's superintendent of insurance, Governor David Paterson has announced.

Congress most likely will extend 2009 estate tax rates for one year, according to industry officials, in a development of keen interest to many family-owned insurance agencies.