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State lawmakers have reacted favorably to a proposed public-private approach to cover natural catastrophe risks too large for the private market to handle by ...

Insurers are keeping flawed data on the value of properties they insure, which leads them to underestimate reinsurance needs and improperly evaluate their ...

Insurer catastrophe losses exceeding $8.4 billion haven't stopped investors from putting nearly $6 billion of new capital into 14 existing Bermuda companies, according to ...

American Re Corp. reported its third-quarter net income at $10.9 million, up 60 percent despite record catastrophe losses in the United States exceeding $400 ...

Las Vegas--Fierce competition and catastrophe losses are forcing change across the property-casualty insurance industry with business going to the technological "haves," the head of ...

Insurance Services Office said that insurers' third-quarter losses of $40.8 billion were an all-time record and had made this the costliest year for catastrophes.The ...

Safeco said it estimates pre-tax catastrophe losses from Hurricane Wilma will come in at $45 million, translating into an after-tax loss of $29 million, ...

Regulators from four big states ended their suburban San Francisco "summit" to draw up a national catastrophe insurance program by announcing tonight they ...