Tropical Storm Helene made landfall off the Gulf of Mexico on Saturday and weakened into a tropical depression as it plowed up Mexico's east coast, the U.S. National Hurricane Center said.

Tropical Storm Helene made landfall off the Gulf of Mexico on Saturday and weakened into a tropical depression as it plowed up Mexico's east coast, the U.S. National Hurricane Center said.

Israel's Clal Insurance Enterprises Holdings agreed to sell its subsidiary Clal U.S. Holdings Inc for $221 million to Nebraska-based National Indemnity Co, a unit of Berkshire Hathaway Inc .

California is turning into a battleground for technology that allows auto insurers to track their customers' driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences.

California is turning into a battleground for technology that allows auto insurers to track their customers' driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences.

QBE Insurance posted a forecast-lagging 13 percent rise in first-half net profit, hurt by one-off claims, and cut its full-year insurance profit margin forecast, knocking its shares down as much as 11 percent to two-month lows.

American International Group Inc. does not have to cover insurance claims from two former Bernard Madoff clients who sought compensation for their losses under their homeowner's policy, a federal appeals court ruled on Wednesday.

Firefighters battled wildfires across the U.S. West on Tuesday, including a massive out-of-control blaze that has destroyed at least 60 homes and burned more than 28,000 acres between two national forests in Washington state.