St. Paul, Minn.-based Travelers Companies reported first-quarter net income fell 11 percent to $967 million as investment income dropped 12 percent; however, the firm upped its 2008 operating earning

The justices heard oral arguments in Metropolitan Life Insurance Company et al. vs. Wanda Glenn, a case involving questions about a benefits determination made by a company that served both as the

Claims News Service, Apr. 23, 3:37 p.m. EST -- As part of a deal that will make Liberty Mutual Group the fifth largest property and casualty insurer in the U.S., the company has agreed to purchase

California Insurance Commissioner Steve Poizner has issued proposed emergency regulations to change the system for evaluating insurers' rate filings, saying that the regulations should help keep prope