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The U.S. property/casualty’s net income plunged approximately 87% to $1.2 billion in first quarter 2009, as challenging underwriting and investment m
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U.S. banks’ loan loss reserves are lagging behind delinquent loans, and the shortfall is drawing scrutiny to the methodology for calculating this res
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A southern New Jersey county has approved a $4 million settlement that could end a class-action lawsuit over strip searches done at its jail.
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Pennsylvania-based Donegal Mutual Insurance Co. has agreed to pay $105,000 to settle claims that it used unlicensed copies of Microsoft software on i
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Results for the property/casualty industry over the next few years will be driven by the 2009 recession, mixed insurance premium pricing momentum, an
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A new roadside survey by the National Highway Traffic Safety Administration confirms a continuing decline in the percentage of legally intoxicated dr
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A Missouri judge has issued a preliminary injunction blocking the firing of three administrative law judges who decide workers' compensation case
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Some state lawmakers in Wisconsin want to give local governments a one-year break from paying their property-insurance premiums.
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