Industry representatives say insurance companies likely will pay out more than $1 billion for property damage sustained during a stormy...
P&C Companies News
California lawmakers are bringing a version of health care reform to your pets. A bill that passed this week in...
Reinsurers have bumped up prices for offshore energy-related insurance premiums by 50 percent following insurance industry losses of up to...
When large deals fail, heads often roll. In the case of Prudential Plc’s failed attempt to buy American International Group...
Property/casualty (P/C) insurers have turned to releasing significant amounts of reserves in the past couple of years, even as the...
UK insurer Prudential Plc is pulling out of its bold $35.5 billion takeover of AIG’s Asian life insurance arm, ending...
Florida Gov. Charlie Crist has signed into law a bill exempting certain commercial and professional liability insurance rates from state...
Maryland Gov. Martin O’Malley has a new proposal aimed at boosting the amount of venture capital for businesses like bioscience...
Hawaii’s 2010 Legislature has passed a bill, HB 1985, that will double all insurance licensing fees in Hawaii effective July...
American International Group said it would not consider revising the terms of a deal for its Asian life insurance unit...