Swiss Re today proclaimed 2005 "the costliest year ever for insurers" with estimated insured losses of $80 billion and 112,000 deaths worldwide.The Zurich-based reinsurer, ...
The Property and Casualty Insurers Association of America is voicing support for a proposed federal grant program to help those living outside flood zones ...
A.M. Best affirmed the "A-minus" financial strength ratings of Bermuda-based Quanta Reinsurance Ltd. and its subsidiaries, removing the ratings from review and assigning a ...
While four Florida hurricanes in 2004 and the huge Gulf disasters of 2005 were unprecedented, insurers need to prepare for such inevitable anomalies over ...
Nearly $50 billion in direct insured property losses moved property-casualty industry financial results off their record-breaking pace for the year, but the nine-month combined ...
The Insurance Agents & Brokers' FAME (The Foundation for Agency Management Excellence) said it will distribute $125,000 in auction proceeds to three relief agencies ...
Chicago--A proposed national catastrophe insurance program being pushed by four big state regulators has received a somewhat skeptical reception from industry representatives at a ...