American International Group Inc. says a federal judge has given preliminary approval to a $450 million settlement it reached with a handful of companies that alleged AIG cheated a workers compensation program.

SpeedBuilder Systems, a provider of software and services for the insurance industry, announces a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress policy administration suite as a software-as-a-service (SaaS) solution.

SpeedBuilder Systems, a provider of software and services for the insurance industry, announces a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress policy administration suite as a software-as-a-service (SaaS) solution.

An estimated 9,500 claims resulting from the June 1 tornadoes that devastated several Mass. communities may total up to $175 million in losses.

At the end of June, nearly 11,000 residents were forced to evacuate their homes after excessive flooding ripped through Minot, N.D. and surrounding areas.

Arbitration Forums, Inc. (AF), non-profit developers of the electronic subrogation system E-Subro hub, announced that the final link in a nationwide electronic subrogation network is now complete.

An overview of available distracted-driving research concludes that there is no evidence indicating whether cell phone or texting bans have reduced automobile crashes.

Global catastrophes in the first half of the year have already made 2011 the costliest year on record with respect to economic losses.