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American International Group has reached an agreement to sell its 66-story Manhattan headquarters tower and another nearby skyscraper, a source said.

With the launch of OnBase OnLine Express, a new Software-as-a-Service solution from Hyland Software, the benefits of an enterprise content management solution are available for all insurers regardless of their size or resources.

The chief executive of Zurich-based ACE Limited reasserted that U.S. insurance regulation by states should end, citing the hit-and-miss quality of individual venues as one reason for his position.

The loss of Air France Flight 447 off the coast of Brazil could have a hardening effect on aviation insurance rates, an aviation insurance expert said, but the full impact probably won't be known until year's end.

An alternate dispute resolution firm said the tough economic times are a major factor in a surge of new business it is seeing as companies look to save money on litigation costs.

Prima Solutions has announced the availability of several support offerings to help insurance organizations build applications using the ACORD Information Model.

While true merger and acquisition activity in the property-casualty insurance industry isn't occurring at the pace of prior soft markets, a form of consolidation is occurring, fueled by concerns of agents and brokers, an insurance executive said.

Political infighting has left the Texas Department of Insurance facing the possibility of being abolished through legislative inaction, but industry officials say there is no crisis at the moment.