Despite grand proposals from the various candidates that could impact the insurance business, the industry remains in "wait and see" mode as the presidential race kicks into high gear, hedging their

PGI Commercial offers real-estate owners umbrella programPGI Commercial announced an umbrella program for real estate owners. Coverage is provided by member companies of American International Group, rated A+, superior, XV by A.M. Best. The facility

"The Norwegian Nobel Committee has decided that the Nobel Peace Prize for 2007 is to be shared, in two equal parts, between the Intergovernmental Panel on Climate Change and Albert Arnold Gore Jr.

Dutch financial services conglomerate ING said it is selling its reinsurance unit, NRG N.V., to Berkshire Hathaway for approximately 300 million euros--about $433 million at current exchange rates, whi