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Independent agents will face a major new competitor next year after Marsh, one of the world's largest insurance brokerages, launches a new firm to pursue the bread-and-butter business of Main Street

The $123 billion liquidity lifeline the federal government is providing to American International Group might not be enough to keep the company going given the credit crunch still hamstringing the

Pitney Bowes Group 1 Software has announced Companion Data Services (CDS), a provider of information technology services to support public health insurance programs administered by the Centers for

With the industry's capital drained this year by natural catastrophes, financial market losses and falling rates, "the end of the soft market in insurance has arrived," according to Evan Greenberg,

The insurance industry is split down the middle over whether to accept funds from the $700 billion federal bailout program, with life insurers intrigued by the idea, but property-casualty carriers

Ronald E. Ferguson the former chief executive of General Reinsurance and four codefendants, all convicted of securities fraud, committed crimes that qualify as high level offenses subject to stiff sen