Industry representatives say insurance companies likely will pay out more than $1 billion for property damage sustained during a stormy...
P&C Companies News
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...
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...
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...