The National Football League today settled its concussion-related lawsuit with former players for $765 million, but it remains unclear whether the settlement includes a deal with the NFLs insurers, which have fought in suits in New York and California to escape liability in the cases.
The New York Department of Financial Services is asking Lloyds of London officials for details about an internal Lloyds market probe regarding potential violations by its managing agents of U.S. laws barring companies from doing business with Iran.
The U.S. personal lines insurance industry remains financially sound despite significant catastrophe losses last year from high frequency, low-severity events and Superstorm Sandy, Moody's Investors Service says.
The U.S. insurance regulatory system is in a state of major disrepair, an international body that monitors and makes recommendations about the global financial system said in a new report.
Travelers Insurance Cos. are exiting the Write-Your-Own market, selling the National Flood Insurance Program policies its companies write to American Bankers Insurance Company of Florida.
Workers' compensation costs for employers could rise steeply as a result of a decision by the American Medical Association to reclassify obesity as a treatable disease, a new report contends.
Despite claims to the contrary, Congress may very well be forced to reopen the debate on the 2012 bill reauthorizing the National Flood Insurance Program.
Despite claims to the contrary, Congress may very well be forced to reopen the debate on the 2012 bill reauthorizing the National Flood Insurance Program.
The Federal Emergency Management Agency will launch a major advertising campaign designed to alert Americans on what they have to do to better prepare themselves for dealing with natural catastrophes.