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Allegations that American International Group and other insurance companies are improperly handling injury and death claims of workers employed by war zone contractors have sparked a demand for a congressional probe.

In advance of its first-quarter report next month Munich Re said recent catastrophe losses have been manageable and it expects results to be "satisfactory."

Sixty-seven year old Edna Mancillas was more than just an aunt to her two nephews, Gilbert and Ricardo Blancas -- she was an accomplice in a terrifying staged auto theft scheme.

It's discouraging to see so many risk managers staying home rather than attend this year's RIMS conference in Orlando, Sam writes.

Risk managers tend to be more aware of vulnerabilities in their home office than in the company's outer-lying locations, writes Caroline McDonald.

Specialty insurer RLI Corp. reported a first-quarter 2009 net loss of $1.8 million, compared to the period last year when it posted a $25.5 million profit.

Consumer watchdogs are urging a closer look at insurers' estimation of post-catastrophe material and labor price increases, citing a study questioning demand surge figures used to set insurance rates.

While the majority of auto insurance customers stick with their carrier, many customers shop for insurance, and keeping current customers is critical to the long-term health of insurers, a J.D. Power and Associates survey finds.