The earthquake in Japan, where estimated losses would make it the worst disaster in history, will affect insurance rates in the U.S., according to industry experts.

Admiral Group, the parent company of Glen Allen, Va.-based Elephant Insurance, has announced new reinsurance contracts to help expand its new auto insurance operation in the United States.

Munich Re says that while losses for 2009 did not exceed expectations, climate changes will result in major natural catastrophes in coming years that will have a negative effect on …  Read →

Sterling Life Insurance Co., headquartered in Bellingham, Wash., has selected a Maryland company to optimize its financial operations.

American International Group could be selling its auto insurance unit to Zurich Financial Services for nearly $2 billion.

The deal to sell 21st Century Insurance, the moniker AIG gave its auto …  Read →

According to an article on IFAwebnews.com, the fire sale of AIG (American International Group) companies has begun.