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 ...
Berkshire Hathaway has reported third-quarter net earnings dropped 48.5 percent to $586 million, or $381 per share, with nearly $3 billion in hurricane losses ...
An insurance industry group is asking Louisiana lawmakers to work out the differences between two bills establishing stronger building codes in the waning days ...
State lawmakers have reacted favorably to a proposed public-private approach to cover natural catastrophe risks too large for the private market to handle by ...
Moody's Investors Service lowered the insurance financial strength rating of Montpelier Reinsurance Ltd. to "Baa1" from "A3."The New York-based rating service said the outlook ...
The National Flood Insurance Program is running out of cash and the government has told insurance companies that it cannot authorize payments beyond existing ...
Hurricane Wilma==which by some estimates may have inflicted a $12 billion insured loss==will put financial pressure on insurers and reinsurers but not enough to ...
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 ...
The insurance business absolutely needs federal support for terrorism insurance, but it does not need a national catastrophe fund, three insurance executives advised an ...