Demand for disaster derivatives is surging as insurers seek alternatives to scarce reinsurance and expensive catastrophe bonds, with the forthcoming...
AP / Reuters News
Validus Holdings Ltd slightly sweetened its hostile bid for IPC Holdings Ltd. to $1.69 billion Monday, in its latest attempt...
The Australian navy thwarted an attack by pirates on two merchant ships in the dangerous waters off Yemen, Australian defense...
Bank of America Corp. is telling fired employees that they cannot accept job offers from competitors for three months unless...
Private forecaster AccuWeather.com has cut its forecast for this year’s Atlantic Hurricane season, which begins June 1, to 10 named...
People living in hurricane danger zones could have a long wait — as much as 10 years — for improved...
The Supreme Court said Monday it would decide a constitutional challenge to the 2002 law that created a national board...
Allstate Corp., the largest publicly-traded U.S. home and auto insurer, said it will not take funds from the government’s Troubled...
Hartford Financial Services Group Inc. said it plans to keep its U.S. property/casualty and life businesses, after winning approval last...
Mississippi Attorney General Jim Hood has asked a court to block renewed efforts to make public a settlement agreement between...