CNA Financial Corp.'s first-quarter earnings fell nearly nine percent as catastrophic losses outweighed improved investment income and lower expenses in the company's core property and casualty business.

Auto and homeowners' insurance provider Mercury General Corp. said Monday that its first-quarter net income slipped five percent as it booked higher costs and investment income declined.

Fierce storms in five Southern states Wednesday spawned tornadoes and winds that killed at least 194 people, wiped out homes and businesses, forced a nuclear power plant to use backup generators, and prompted the evacuation of a National Weather Service office.

A Chinese drywall supplier's insurers have agreed to pay up to $8 million to settle court claims against the company over damage to homes from the corrosive product, according to a proposed settlement filed Tuesday.

An anonymous donor has purchased a $50,000 insurance policy to help an Oklahoma woman keep her pet kangaroo as a therapy pet. After you see pictures of Irwin, you will understand why.

Photographs illustrate the damage that occurred when a tornado roared through the St. Louis area Friday night, striking the city's airport and several nearby suburbs that were densely populated.

Florida has won a $76 million circuit court judgment against the former owners of Aries Insurance Co. that folded in 2002.

Florida has won a $76 million circuit court judgment against the former owners of Aries Insurance Co. that folded in 2002.