KUALA LUMPUR: PacificMas Bhd is still keen on divesting its insurance business despite the failed talks with OSK Holdings Bhd. Negotiations between the two parties were called off last Friday because they could not agree on the pricing.

As Wachovia Corp. mulls the sale of “non-core” assets to raise capital, employees inside the bank's insurance brokerage are wondering if that business could be on the block. Sources said speculation has mounted inside the unit since chief executive

The Mississippi Supreme Court will hear arguments on whether an insurance policy can be interpreted in a wind versus water dispute over Hurricane Katrina claims. The lawsuit was filed in Harrison

First of two parts During a recent conversation, concern was expressed about insurance policies being suddenly canceled or rates being significantly raised because too many claims had been filed. Any truth to this? How many claims are "too many"? To get

XL Insurance, the global insurance operations of XL Capital Ltd., has named Donald R. Allard as leader of its Select Professional group. Allard is based in Dallas. Allard previously served as senio