A survey has found that 82 percent of risk managers believe the insurance industry should change its attitude to be more socially responsibility and cut the cost of "green" coverage products.

Loss reserves maintained by the property-casualty insurance industry remained strong in 2008 although somewhat decreased from the year before, a research firm reported today.

The National Association of Insurance Women (International) announced that Linda Wilson has been named president of the organization.

Maurice Greenberg took the witness stand in Manhattan federal court today to counter charges the company he now heads looted a trust fund set up to pay bonuses to American International Group executives.