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New York Attorney General Andrew Cuomo announced yesterday that American International Group has agreed to freeze a $600 million employee compensation and bonus pool, as well as payments to former chi

The Council of Insurance Agents & Brokers released its third-quarter 2008 Commercial P-C Market Index Survey today saying that for small and midsize accounts, there are suggestions that pricing levele

The Florida Insurance Council has sounded a warning to state lawmakers about the Florida Hurricane Catastrophe Fund's condition after officials said it would be unable to pay all losses if a catastrop

Daytona Beach, Fla.-based insurance broker Brown & Brown Inc. said it has increased its quarterly cash dividend payment by 7 percent.The firm increased its payment ...

The St. Paul, Minn.-based insurer reported net income compared to last year dropped $984 million in the quarter to $214 million, translating into net income per share dropping $1.45 to 36 cents a shar

An insurance buyers' organization, while voicing support for New York's upcoming rule to require certainty of terms close to the inception of an insurance contract, is asking what penalties will be in