A federal judge in Detroit dismissed a suit against the U.S. government, seeking payment for the loss of a $750,000 Ferrari crashed by an FBI agent.

Ryan Erdman, an insurance agent at TAMRAC Insurance Group in Hunt Valley, Md., has never sold coverage for an earthquake – yet.

A Northbrook, Ill.-based insurer sued Goldman Sachs and its affiliates for allegedly selling the insurer more than $123 million in securities backed by poor-quality mortgages between 2006 and 2007.

Consumers can access the “best” insurance information from state insurance department websites in California, Georgia, Kansas, Ohio, Texas and Utah, while other states’ insurance regulatory websites must improve, according to consumer advocates.

Job loss resulting from the recession caused workers’ compensation coverage to fall in 2009, the biggest decrease in two decades, according to a new report.

A collection of Allstate Insurance agents, facing a possible compensation cuts of 20%, voted overwhelmingly to form a union.

A Southern California couple is suing their insurance company for fraud after it allegedly retracted its agreement to pay for $350,000 in damages to their home, ruined by fungus.

A Winston-Salem, N.C.-based insurance company announced that its members now can buy homeowner’s and travel insurance, as well as other products, on its website.

The company operates in Maryland, Virginia and …  Read →

Standard & Poor’s Ratings Services lowered to “AA+” from “AAA” its long-term counterparty credit and financial strength ratings on the member companies of five U.S. insurance groups, following its lowering of the U.S.’s credit rating last week.

A regional medical malpractice insurance company, Healthcare Providers Insurance Exchange, has expanded its New Jersey operations with the opening of a new office in Hamilton, N.J.