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Mississippi Attorney General Jim Hood announced he has reached a settlement in his protracted battle with State Farm over payments to coastal homeowners whose houses were destroyed by Hurricane Katrin

Hamilton, Bermuda-based insurer XL Capital, Ltd., said it has closed its deal with Syncora Holdings Ltd. (formerly Security Capital Assurance Ltd. The name was changed on Aug. 4) that sever XL ties wi

Investment results fell nearly 37 percent compared to the second quarter of 2007, dropping to EUR1.6 billion ($2.5 billion) from EUR2.5 billion ($3.9 billion). The quarter included EUR889 million ($1.4 bill

New York motorists' cutback in miles driven as a result of soaring gasoline prices has led one large auto insurer to agree to withdraw a rate hike request for most of its companies, a state official s

The income drop was attributed primarily to a goodwill impairment charge and loss in investment income. MMC said all lines of business had increases in organic growth and overall revenue increased 9 p

The battle lines were drawn this week in the first of two debates over state versus federal regulation between the presidents of AIA and the NAIC. NU Editor In Chief Sam Friedman, who is serving as re