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With one glaring gaffe, U.S. Senator Hillary Rodham Clinton inadvertently exposed one of the biggest problems facing the National Flood Insurance Program--the fact that too few outside the industry

Even if storm season is mild, cedents, brokers brace for tougher Jan. 1

Prepared by the New York-based AIMU's Technical Services Committee, the report discusses the different types of dredging activities and equipment used and examines the exposures both from a hull, crew

Allstate would seem a safer bet this quarter than Progressive. "Based on our recent cross-selling work, we now believe the negative impact on Allstate auto sales due to their reduction in coastal home

Allstate would seem a safer bet this quarter than Progressive. "Based on our recent cross-selling work, we now believe the negative impact on Allstate auto sales due to their reduction in coastal home

A New Jersey group, promoting the idea of a state backstop fund to support insurers hit by mega-catastrophes, said results of a homeowners' preparedness survey underscore the need for the legislation

New York Insurance Superintendent Howard Mills has written insurers urging them not to act hastily and cancel the insurance of homeowners in flood-hit areas, while reminding carriers he has the power

Three-fourths of surveyed homeowners say they know their policies do not cover flood damage, but only one-fourth say they have a separate flood insurance policy, according to the New York-based Insura