Catastrophe bond sales doubled in the first six months of 2012, falling just short of the record first-half issuance of 2007 thanks to growing demand from capital market investors, reinsurer Swiss Re said on Tuesday.

Progressive Corp already has hundreds of thousands of auto insurance customers who willingly let the company track their driving behavior in exchange for the chance at substantial discounts, and on Monday the company opened the door to competitors' clients as well.

Progressive Corp already has hundreds of thousands of auto insurance customers who willingly let the company track their driving behavior in exchange for the chance at substantial discounts, and on Monday the company opened the door to competitors' clients as well.

Former AIG Chief Executive Maurice "Hank" Greenberg may pursue a $25 billion lawsuit accusing the U.S. government of engineering an unconstitutional bailout of the insurer, a federal judge ruled Monday.

Former AIG Chief Executive Maurice "Hank" Greenberg may pursue a $25 billion lawsuit accusing the U.S. government of engineering an unconstitutional bailout of the insurer, a federal judge ruled Monday.

About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some speculative purchases of its bonds, investors said on Thursday.

About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some speculative purchases of its bonds, investors said on Thursday.

A wildfire raging near some of Colorado's most popular tourist sites grew suddenly more ferocious on Tuesday, forcing 32,000 people from their homes, prompting evacuations from the U.S. Air Force Academy and swallowing numerous houses at the edge of Colorado Springs.