Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.

Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.

American International Group Inc. has named Brian T. Schreiber, the man who led the restructuring and recapitalization of the once-bailed out insurance giant, as its treasurer.

American International Group Inc. has named Brian T. Schreiber, the man who led the restructuring and recapitalization of the once-bailed out insurance giant, as its treasurer.

The Association of British Insurers says it expects insured losses of more than 200 million pounds from claims connected to the rioting and looting in London and other cities recently.

Transatlantic Holdings Inc. says it has entered into a confidentiality agreement with Berkshire Hathaways National Indemnity Co. and has entered into discussions with the Warren Buffett-owned company.

Auto insurer Progressive Corp. says its second-quarter net income rose 16 percent to $245.2 million as net premiums written increased 3 percent during the same time.

Auto insurer Progressive Corp. says its second-quarter net income rose 16 percent to $245.2 million as net premiums written increased 3 percent during the same time.