American International Group’s Chairman Harvey Golub has resigned, citing an inability to work with the company’s chief executive officer....

Looking to become more of a powerhouse in the global consulting business while bolstering cross-selling opportunities, Aon Corp. announced last week it will acquire human resource and outsourcing firm Hewitt Associates Inc....

There is more than a 40 percent chance that by the end of August at least a tropical storm will pass over the spot where the Deepwater Horizon oil rig operated....

A three-judge panel has denied the federal government’s request to reinstate a six-month deepwater drilling moratorium pending the government’s appeal of a lower court decision that lifted the moratorium last month....

No matter how you look at it, sellers appear to be locked into a persistently soft commercial lines insurance market, and it’s likely to remain that way for quite some time....

New York Supreme Court Judge James A. Yates has thrown out the 2008 convictions of two former executives of Marsh on felony monopoly charges for accepting contingent commission kickbacks....

The House today passed legislation that would provide certainty to the National Flood Insurance Program....

Property-catastrophe reinsurance rates in the United States have significantly decreased despite disaster losses from the Chile earthquake and storms in Australia....

Foreign insurers are “using scare tactics” to maintain the status quo. ...

Today, it may seem that insurance carriers and their independent agent partners have harnessed technology and are effectively connecting in real-time to automate and accelerate routine processes while lowering the cost of processing insurance. ...

Insurance carriers have adopted a strategy of “inspired frugality” in relation to their spending on security, according to a Forrester senior analyst, Ellen Carney. ...

The results of a recent technology security survey for the financial services sector might give the impression that the insurance industry has awakened to the threat of cyber-risks....