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Insurers continue to file lawsuits against large investment banks over losses taken during the housing market collapse, as Liberty Mutual Insurance Co. filed suit against Goldman Sachs; and Allstate announced a lawsuit against Morgan Stanley.

Moody’s says it expects Marsh & McLennan Cos. Inc. to remain the preeminent player in its primary business of insurance broking and consulting, as moves to improve business performance gain traction.

Allstate Corp. has added to its tally of New York lawsuits seeking to recover investment losses on residential mortgage-backed securities with a filing against Morgan Stanley.

Allstate Insurance Company has filed its fifth lawsuit in New York against a bank over investment losses on residential mortgage-backed securities.

Allstate Corp. has filed another lawsuit related to mortgage-backed securities in an attempt to get back what the insurer thinks it is owed.

Bank owned insurance brokerage firms saw brokerage fee income over the first three quarters of 2010 rise 7 percent over 2009 to a record $9.7 billion, with a property and casualty firm topping the list, according to the latest market report.

Bank owned insurance brokerage firms saw brokerage fee income over the first three quarters of 2010 rise 7 percent over 2009 to a record $9.7 billion, with a property and casualty firm topping the list, according to the latest market report.

Insurance brokerage bank holding companies' fee income grew to its highest level to date, according to a report issued by Michael White Associates.