A Republican push to change how liability lawsuits against companies and doctors are handled was panned by consumer advocates and praised by business backers.

A Republican push to change how liability lawsuits against companies and doctors are handled was panned by consumer advocates and praised by business backers.

State Farm Insurance CEO Ed Rust Jr. says business leaders should inject themselves into the debate about "unchecked" government spending and borrowing.

A top executive of Berkshire Hathaway who was believed to be on the inside track to one day succeed billionaire Warren Buffett as CEO has resigned suddenly.

Insurance company shares were mixed Tuesday amid speculation that the industry might see premiums increase given the slate of recent natural disasters and uncertainty over the upcoming hurricane season.

Insurance company shares were mixed Tuesday amid speculation that the industry might see premiums increase given the slate of recent natural disasters and uncertainty over the upcoming hurricane season.

The Supreme Court on Tuesday questioned a massive sex discrimination lawsuit on behalf of at least 500,000 women claiming that Wal-Mart favors men over women in pay and promotions.

Louisiana will get $6.1 million from American International Group Inc. in a settlement over alleged under-reporting of workers' compensation insurance premiums.