When a series of killer hurricanes walloped the Gulf Coast in 2005, costing Allstate Corp. a record quarterly loss of...
National News
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-”...
The U.S. Senate Banking Committee has approved legislation to reform the National Flood Insurance Program. The Flood Insurance Reform and...
Senate leaders have agreed on a bill to renew the federal terrorism reinsurance program, although without some of the added...
The Federal Emergency Management Agency is quietly drawing up plans for a handful of disasters: devastating earthquakes beneath San Francisco...
Families of Iraqis who died in a shooting involving Blackwater USA contractors in Baghdad have sued the company, saying the...
Liberty Mutual Property, part of the Liberty Mutual Group, introduced a new commercial real estate product, RM Custom Select Commercial...
The nation’s bank holding companies increased their total insurance revenue 1.0 percent to $21.7 billion in the first half of...
AIR Worldwide Corp. (AIR) is offering a new service to assess insurance-to-value (ITV) of U.S. residential property portfolios for reinsurance...
Hiscox launched its U.S.-based Hiscox Global Markets, a division that underwrites internationally traded business via the Lloyd’s insurance market, and...