News

An investment bank analysis of the property-casualty insurance market finds that the outlook for this year is improving modestly but declines can be expected in earnings per share.

Florida lawmakers' moves to provide a federal backstop to the state's severely underfunded Hurricane Catastrophe Fund are running into strong headwinds.

The Obama administration might compromise on its goal of a "public" option for health care insurance by considering proposals allowing private insurers to run such a program, a key presidential adviser said today.

Had any unusual claims in the past few years? How did they turn out? Tell NU is asking readers for a special June 1 edition report. Contact Associate Editor Phil Gusman at [email protected] with your best war stories.

The importance of pre-emptive and independent risk management for insurers and reinsurers has been heightened by the current financial crisis, according to a paper issued at the Chief Risk Officer Forum.

President Barack Obama said the bailout of American International Group was necessary to prevent an economic meltdown of the financial system but added he shared the exasperation many feel over the move.