The Florida Senate's Banking and Insurance Committee has weighed in on the sinkhole issue, proposing a set of recommendations for lawmakers when they meet later this year.

American International Group Inc. (AIG) has tentatively agreed to pay $450 million to seven named insurance companies in order to settle a protracted federal civil lawsuit over alleged underreporting of workers' compensation premiums.

In separate but identical filings, seven insurance companies are suing Toyota Motor Corp. to recoup claims paid as a result of accidents related to unintended acceleration problems that led to recalls of some of Toyota's vehicles.

A Japanese company tops the list of the world's largest insurers measured by assets, and by net written premiums, a French insurer comes in first.

A study by the Insurance Research Council (IRC) reports a high percentage of fraudulent auto claims in the New York City area.

A report from the Office of Inspector General in the Department of Homeland Security urged the Federal Emergency Management Agency (FEMA) to collect $643 million

Texas Insurance Commissioner Mike Geeslin said he is stepping down effective Feb. 1.

An astounding 22 percent of auto insurance claims in the New York City area appear to be fraudulent, according to a study by the Insurance Research Council (IRC).