Insurance news and insurance widget

A former cheerleader has been awarded $14.8 million by a Spokane County, Wash., Superior Court jury after a series of dental surgeries left her disabled and disfigured with her jaw fused shut. The

Fire crews are battling a fast-moving wildfire that broke out Sunday afternoon south of Lake Tahoe and that has forced the evacuation of campgrounds, resorts and homes in the area. Fire information

Commerzbank has agreed to buy Dresdner Bank from Allianz in a E9.8 billion deal. According to media reports, this deal will result in the elimination of 9,000 workers out of the combined banks' 67,000 employees.

Although Gustav is slowly blowing itself out over Oklahoma, Miami's National Hurricane Center still has a lot of work to do. Its currently tracking a hurricane, a tropical storm, a tropical depression

Standard & Poor's Ratings Services has affirmed its 'AA' long-term counterparty credit and insurer financial strength ratings on Germany's Allianz SE (AZSE) and related core entities, along with the '

After weeks of speculation, Germany's Allianz SE has announced the sale of its Dresdner Bank unit, the country's third largest, to Commerzbank for ?9.8 billion ($14.2289 billion). Allianz also s

Hurricane Gustav, which came ashore southwest of New Orleans on Monday morning, is expected to trigger significant insurance claims but far less than record-setting Katrina did three years ago. "Th

Maryland's private auto insurance industry is objecting to a proposal by the state's insurer of last resort to lower rates as gasoline and food prices rise. At a hearing in Baltimore on Friday, ind

ACE europe announced from its Dublin headquarters that it has launched a new Pension Trustee Liability (PTL) product "ACE Elite PTL IV," which has been developed to provide comprehensive protection fo

A report from Willis Group Holdings indicates that "while the Marine insurance market remains relatively weak overall, there are some signs of hardening, with firmer rates being seen in a few very spe