NEW YORK (AP) -- Insurer American International Group Inc. declined to comment Sunday on a published report indicating it is hiring former Prudential PLC executive Mark Tucker to lead its Asian life insurance business, AIA Group Ltd. Citing unnamed ... [full story]

WASHINGTON—The House of Representatives passed a measure Thursday that would extend the National Flood Insurance Program through Sept. 30, 2014. The Flood Insurance Reform Priorities Act of 2010—H.R. 5114—would increase the maximum available flood coverage for nonresidential properties to $670,000. But ... [full story]

July 19 (Bloomberg) -- U.K. car insurance premiums climbed at least 12 percent in the second quarter, the fastest rate on record, after rising claim costs and low investment returns squeezed insurers’ profits, the Automobile Association Ltd. said. Comprehensive ... [full story]

A federal plan to use ash waste from coal-fired power plants to shore up some Mississippi River levees drew objections Thursday from environmentalists who are worried that toxins in the ash might seep into the river and public water systems ... [full story]