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Their action follows last week's Fireman's Fund announcement that it has in place a "green upgrade" for its Prestige Premier policyholders allowing them to rebuild homes damaged by California wildfire

WASHINGTON--Insurance industry groups, who faced lawmaker outrage for perceived mishandling of Hurricane Katrina claims, held a briefing today to convince Congress they are doing a good job handling po

The insurer said the figure represents the estimated losses both from claims received through Tuesday and future expected claims. The estimated effect on fourth-quarter net income is $23 million after

The New York-based insurer saw hits taken to its mortgage lending facilities and insurance business in this line of business. The results, reported today, included a $325 million charge in its Financi

Fireman's Fund said a "green upgrade" for its Prestige Premier policyholders will allow them to rebuild homes damaged by California wildfires using environmental safety and efficiency standards and la

As insurers' claim count from the California wildfires soared above 14,000 and modelers said insured losses could hit $1.6 billion, a reinsurance expert suggested last week that carriers should have

I led a trio of daily newspaper reporters covering insurance as their fulltime beat into the lion's den in Boston yesterday, moderating a panel discussion ...

Meanwhile another rating group said that property-casualty insurers should be unaffected even if the insured loss from the fires is $1.6 billion. Modeling firms have estimated the loss will range betw