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The bipartisan tax cut legislative package unveiled by the Senate would include the most generous of all the estate tax provisions talked about over the last five years.

A Treasury official said the government is still working on the timing to sell its interest in American International Group, but it wants to do it as soon as practicable.

The insurance industry should see higher information technology budgets next year as more midsize property and casualty insurers say they anticipate increasing their 2011 information technology spending.

Due to changes prompted by the mid-term elections, the National Association of Insurance Commissioners has chosen a new vice president and secretary-treasurer.

Marcus Brown, owner of Acme Elevator, is going down after being convicted for theft and a workers' comp fraud scheme.

Breckenridge Insurance Services has acquired the assets of International Placement Services, LC, a wholesale insurance brokerage firm.

Count New York City among a growing number of municipalities in the United States looking to make up for budget constraints by seeking to charge motorists involved in an accident if they need the fire department.

Reinsurance capital has grown by 17 percent over the end of 2009 primarily on the strength of investment returns, according an Aon Benfield report.