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JERSEY CITY, N.J.—U.S. property/casualty insurers will pay $11.5 billion in catastrophe claims for the third quarter, estimates the Property Claim Se
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NEW YORK (Reuters)—U.S. health insurer Humana Inc. posted a 39% decline in profit on Monday, hurt by losses on investments and higher operating expen
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NEW YORK (Reuters)—Loews Corp., a conglomerate run by the billionaire Tisch family, said on Monday it would inject up to $1.25 billion of new capital
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LOS ANGELES (Reuters)—Former Milberg Weiss partner David Bershad on Monday was sentenced to six months in federal prison and three years of supervise
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SACRAMENTO, Calif.—California Insurance Commissioner Steve Poizner said Friday he approved a 5% workers compensation rate increase effective Jan. 1 t
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Zurich Financial Services has appointed Delaine Fritz as the new distribution executive for Zurich North America commercial's distribution and region
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AIG has named Anthony DeSantis as the new president and CEO of its personal auto group. Based in Wilmington, Delaware, Mr DeSantis succeeds Bruce Mar
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AIG Construction Risk Management, a unit of AIG Commercial Insurance, has introduced enhanced coverage for commercial contractors that reportedly inc
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