The property-casualty industry’s reserve adequacy cushion isn’t as fluffy as it used to be, according to a new Fitch report.

The Teachers’ Insurance Plan of NJ generated more than $42,000 in donations in the last school year, marking a 69% increase over the prior year.

Just 44% of U.S. insurers have their reinsurance administered by a dedicated department, according to a survey conducted on behalf of Inpoint Services.

Four family members from Chesapeake, Va., were arrested for allegedly attempting to defraud life insurance companies out of millions of dollars by lying on applications for policies and having imposters take medical tests.

The Prince William Board of County Supervisors is going to charge insurers for ambulance runs, an approach taken by more municipalities seeking new revenue streams.

Eastern Alliance Insurance Group (EAIG) and its members had its ratings upgraded in recognition of its strong operating results and capitalization, as well as its conservative practices and financial flexibility, according to A.M. Best Co.

A federal judge in Norfolk, Va., ruled that an insurance company doesn’t have to pay a homeowner’s claim for damages caused by Chinese drywall.

American International Group Inc. is asking the federal government to lessen the insurer’s bailout burden, according to an article in the Wall Street Journal. Yes, that burden. The one where …  Read →

The simmering debate over how to regulate insurance in this post-AIG bailout 1, 2 and 3, Bernie Madoff scandal and “will-I-have-enough-to-retire-in-20-years? world appears to have taken yet another turn, according …  Read →

About six weeks ago, I suggested in this blog that AIG stood for Anything I can Get and that’s exactly what the global insurer has proven. Since that pronouncement, the …  Read →