News

DALLAS--An insurance consultant warned an industry conference here that overall growth and profitability of the property-casualty industry may suffer due to the combined effects of a soft market, the c

American International Group Inc. (AIG) has named several executives to positions within the new AIG Commercial Insurance Group, formerly known as the Domestic Brokerage group, part of its reorganizat

In its decision concerning a commercial policy covering a small New Orleans apartment extensively damaged by Hurricane Katrina, the high court overturned a finding by the 4th Circuit Court of Appeal t

The New York-based company said the change reflects "the increasing power of AIG's corporate brand, while providing its customers, shareholders and regulators with a clearer view of AIG's U.S. and Can

Ms. Amoroso said that changing demographics with respect to both the workforce and customer base are posing new challenges for the insurance industry, and companies must be willing to adapt their stra

An insurer trade group today assailed the New York legislature for approving an increased assessment on carriers domiciled in the state that totals $40 million--or what the group says amounts to a 20 p