News

Microprocessor maker Intel Corporation has filed a $50 million lawsuit against insurer American Guarantee and Liability Insurance Company (AGLI) alleging that AGLI breached contract by failing to

An insurance reform summit next month in Washington will feature representatives from the Obama administration, insurance industry, Congress and academia discussing regulatory reform, a university

WASHINGTON--The Government Accountability Office has launched a probe into whether American International Group's federal funding lifeline is providing it with an unfair advantage in the pricing of

Assemblyman Joseph D. Morelle, D-Rochester, who heads the Assembly Insurance Committee, made his remarks here Friday in an address to the Professional Insurance Agents of New York's annual

An influential group of financial services executives is proposing creation of an omnibus federal financial regulator with a jurisdiction including life and property-casualty insurers as well as

Liberty Mutual has sold off its middle-market direct sale renewal business to three major insurance brokers, while retiring its Wausau Insurance brand and creating a new commercial business unit to

Although commercial insurers continued their six-year trend by cutting rates during the fourth quarter of 2008, a pair of surveys suggests a reversal may soon be underway as the global economic

Two opponents of federal regulation say they support creation of a national Office of Insurance Information--but only through the legislative process, not via unilateral action by the Treasury