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Reinsurance carriers Everest Re and RenaissanceRe announced the payment of dividends.Hamilton, Bermuda-based Everest Re Group, Ltd., said it would pay a dividend of 11 ...

Unlike past storm events, the heaviest impact of Hurricanes Katrina and Rita will be on commercial business, according to a report from Marsh brokerage.The ...

Transatlantic Reinsurance Company got handed its second downgrade in one day yesterday, when Moody's Investors Service lowered the insurance financial strength rating to Aa3 ...

"The day of reckoning is coming" for an optional federal charter or some other type of federal regulatory arrangement for the insurance industry, according ...

Moody's Investors Service lowered its outlook on High Risk Account (Citizens HRA) of Citizens Property Insurance Corporation to negative from stable, reflecting the Florida ...

If a Category 3 hurricane struck New York's Long Island coast it would create a $50 billion insured loss, a modeling firm executive ...

The fact that the property-casualty insurance industry is bouncing back quickly from the third-quarter's hurricanes, doesn't mean that executives are any smarter in ...

Peoria, Ill,-based insurer RLI Corp. said it expects to report pre-tax losses, net of reinsurance, from Hurricane Wilma of approximately $11 million, or 27 ...