Paul A. Grinke, an attorney with McCathern in Dallas, predicts his clients and others involved in lawsuits against the West, Texas facility that exploded last month will "be left holding the bag."

The West Fertilizer Co., site of a massive explosion last month that killed 15 people and damaged or destroyed more than 100 homes, two schools, and multiple businesses, carried $1 million in liability insurance, PC360 has confirmed.

AIG CEO Robert H. Benmosche says the company still has plenty of top performers after losing a quartet of executives to Berkshire Hathaway, where CEO Warren Buffett says he'd like to get into commercial insurance "very big time."

AIG says first-quarter net income dropped $1 billion compared to last year, as results a year ago included income from investments that have been sold or liquidated.

AIG says first-quarter net income dropped $1 billion compared to last year, as results a year ago included income from investments that have been sold or liquidated.

The industry is calling for Florida Gov. Rick Scott to sign SB 1770a bill touted as yet another positive step toward stabilizing the Sunshines States property insurance market.

The industry is calling for Florida Gov. Rick Scott to sign SB 1770a bill touted as yet another positive step toward stabilizing the Sunshines States property insurance market.

Allstate says controversial steps it made in an effort to improve agency performance are working.