An article in The New York Times comparing captive insurance to “the shadow banking system” has Vermont’s captive regulator puzzled and frustrated, because while some of the observations are true, they don’t add up to a fair representation of the captive industry, he says.

Shares in American International Group Inc. tumbled on Monday, deepening a slide that's brought the insurer's shares to the lowest point in eight months and stoked concerns over....

Natural catastrophes took a toll on Munich Re’s first-quarter earnings as the company reports a net loss of $1.36 billion, compared to net income of $695 million for the same period last year.

David J. Rioux has been honored by the PA Insurance Fraud Prevention Authority with the 2011 Fraud Fighter award for his 20+ years of dedicated work in the field.