A big name insurer is warning of possible Ebola-related restrictions on business liability coverage.» Read More
Stocks closed lower as fears that inflation was hampering holiday gift-buying combined with wider concerns about the state of the economy.
Aon, one of the world's largest insurance brokers, said on Monday it has agreed to sell two units for about $2.75 billion and will devote the proceeds of the deal to a share buyback.
The state of Ohio has filed an anti-trust lawsuit accusing Marsh & McLennan, AIG and three other insurers and their subsidiaries of price fixing and other anti-competitive behavior, Attorney General Marc Dann said on Monday.
DaimlerChrysler and a group of insurers have agreed to settle a dispute over recovering the costs of a U.S. class-action lawsuit in 2003, the German car maker and insurers said.