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American International Group's sale of American International Assurance (AIA) Group, one of it two pan-Asian life insurance subsidiaries, to Prudential Plc of the United Kingdom appears to be in jeopardy.

State Farm Insurance requests to hike Texas homeowners rates by over 13 percent have sparked an extended battle with the Texas Department of Insurance, which called the proposed hikes "excessive."

The state-created reinsurance fund that is called the "backbone" of Florida's fragile property insurance market has returned to solid ground heading into the 2010 hurricane season.

Nobody wants to pay any more than they have to for anything and, unfortunately, Florida lawmakers have discovered they actually have the ability to manipulate and control the insurance industry and its rates.

Joseph J. Plumeri, chairman and chief executive officer of Willis Group Holdings, was honored with Beta Gamma Sigma's 2010 Business Achievement Award, one of three businessmen to be honored nationally.

Florida's personal and commercial residential property insurance market today consists mostly of small domestic insurers, Citizens Property Insurance Corp. and State Farm Florida Insurance Co.

WASHINGTON--Several environmental groups have asked House members to oppose passage of legislation that would provide a federal backup to state catastrophe insurance programs.

Just like the days of elementary education, when summer break hits, retention levels and the quality of work can start showing signs of tarnish. To keep the rust off, this edition of Claims CE looks at ways to keep those skills from dulling.