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Berkshire is likely to report big claims costs during the third quarter at its insurance subsidiaries because of natural disasters including Hurricanes Harvey and Irma.

The chances for a direct hit on Florida Sunday continue to increase, according to the U.S. National Hurricane Center.

As Hurricane Irma edges closer to Florida, investors on Wall Street are watching a small insurer with an unusually big commitment to the state.

Irma swept over islands in the Caribbean and barreled toward Puerto Rico with Florida in its sights as the Cat 5 hurricane threatens to become the most expensive storm in U.S. history.

Reinsurance is one of the more conservative disciplines in global finance. It's also one of the most forward-looking.

Reinsurance is one of the more conservative disciplines in global finance. It's also one of the most forward-looking.

American International Group Inc. is weighing a plan to hire Brian Duperreault as the companys seventh chief executive officer since 2005, according to people familiar with the boards deliberations.

The new leader will need to restore credibility to a company that missed profit targets and has been draining talent for a decade.