The former director of aviation at New Orleans’ Louis Armstrong International Airport pleaded guilty to obstruction of justice for his...
Hurricanes News
Swiss Re has obtained another $170 million in protection through the Successor X Ltd. catastrophe bond program, covering Australia earthquake,...
Chambers County officials are defending their spending of tens of millions of federal dollars for cleanup from Hurricane Ike after...
U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department...
The U.S. property/casualty industry generated improved operating results in the third quarter despite competitive market conditions, elevated catastrophe losses, the...
Bermuda-based Renaissance Reinsurance Ltd. has been approved to participate in Florida’s property reinsurance marketplace with modified collateral requirements. In 2007,...
Eighty-five South Carolina homeowners who live on the coast are the latest recipients of grants to help them strengthen their...
As the Gulf oil spill gushed out of control, BP’s financial liabilities seemed big enough to sink the company. No...
“Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the January 1, 2011 reinsurance...