The young invincibles. That's what the insurance industry calls them. They're the 13.7 million Americans under 30 who don't have health insurance because, they firmly believe, they just don't need it.

The Toronto stock market closed sharply lower Thursday amid news from Dubai that the government's flagship investment company is in deep financial trouble.

Swiss Reinsurance Co. has transferred $75 million of extreme mortality risk in the United States and United Kingdom to the capital markets in a securitized transaction through a Cayman Islands company.

After winning a case in Miami federal court, attorney Daniel S. Rosenbaum has filed a another lawsuit against QBE Insurance Corp.

Thousands of drivers on the nation's roads don't carry auto insurance, despite laws in all but two states requiring it.

Capmark Financial Group Inc. said it has received approval to complete the $515 million sale of its North American servicing and mortgage banking units to a joint venture owned by Warren Buffett's Berkshire Hathaway Inc.

FAIRFIELD -- Police in the Cincinnati area said they fired a spray of pepper balls to break up a crowd of hundreds of teens drawn to a night club by rumors of a free party.

Former Aon Corp. executive Ted Devine, who resigned abruptly last week to start an Aon-financed project promoting sports for kids around the world, will receive nearly $4 million from Aon over the next two years if he continues to run the non-profit. Until last week, Mr.

The heads of health insurance and pharmaceutical trade groups were among those visiting the White House as President Barack Obama pushed Congress to overhaul health care, White House records show.

Indian IT major HCL today said that it has been awarded a major service contract by Equitable Life Assurance Society with a total contract value of $200 million, through its affiliate HCL IBS.

American International Group Inc. has agreed to settle all legal disputes with its former chairman Maurice "Hank" Greenberg, the company said late Wednesday.

More than 300,000 current and former policyholders of General American Life Insurance Co.

An easily accessible defined contribution plan available to all employers, including the self-employed, was touted by a senior Sun Life Financial executive Tuesday as a means for greatly increasing pension coverage among Canadians.

Arthur J. Gallagher & Co. has acquired Shuford Insurance Agency Inc. of Concord.

A top bank regulator is throwing cold water on a financial overhaul plan the Obama administration wants to see passed quickly.

Updated at 6:26 p.m. NEW YORK -- American International Group Inc. on Tuesday that it would go ahead with a previously announced pay package for its new CEO Robert Benmosche of $7 million in cash and stock.

Ambac Financial said Tuesday that Chief Financial Officer Sean Leonard resigned effective immediately, a possible sign of continuing trouble at the bond insurer.

Kenneth Feinberg, the Obama administration's pay czar, is being pressed by federal officials to relax executive compensation restrictions at American International Group Inc for 2010, the Wall Street Journal reported, citing people familiar with the matter.

Robert and Leland Orr, founders of bankrupt Brooke Corp. , have been banned for life from the banking industry.

Kingsway Financial Services Inc. said Monday it plans to sell its majority interest in Jevco Insurance Co.