Risk ahead insurance industry

Survey shows insurance industry is ready to take on more risk

Insurers are looking to increase risk in order to fight back trend of low yields Goldman Sachs Asset Management has release its latest annual survey…

U.S. insurers may be at risk of costly payouts spawned from the European financial crisis

Many U.S. banks have upped their insurance sales in Greece, Portugal, Ireland, Spain and Italy during the first half of 2011. The growth in sales…

Texas governor appoints new head of the state’s Department of Insurance

The Texas Department of Insurance is in for a shakeup as Governor Rick Perry announced Wednesday that a new Insurance Commissioner is on the way.…

Goldman Sachs sued by Liberty Mutual regarding losses from Freddie Mac investments

Investment banker Goldman Sachs & Co. was the target of a lawsuit by Liberty Mutual Insurance Co. and a number of its subsidiaries, for “making…

Louisiana Governor seeks insurance advisor to aid in privatization of state employee program

The Louisiana Governor, Bobby Jindal, has been working to privatize the health insurance program for state employees. The decision comes from an apparent need for…