With the cost of containment and cleanup of a massive oil spill in the Gulf of Mexico rising into the billions of dollars every day, the financial impact for oil company BP will be limited because of its insurance coverage.

A fraudulent scheme that resulted in AFLAC paying out more than $800,000 in claims has resulted in a pair of federal grand jury indictments against two doctors and 101 individuals living in Puerto Rico.

A Pennsylvania court has ruled that people who receive jury awards in car-crash cases should only receive the difference between the award and any insurance payouts.

After a year-long investigation by the California Department of Insurance, eight people were arrested on charges of running a staged auto collision ring, costing insurance companies more than $200,000.