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A mediation program developed by the Mississippi Insurance Department to help settle damage claims to residential property from Hurricane Katrina is being called a ...

New York--Insurers are citing oil companies' windfall profits as a reason to deny their Hurricane Katrina business interruption claims, a policyholder's attorney said today.The ...

Bermuda-based Aspen Insurance Holdings released its third estimate of hurricane net losses this morning putting the likely after-tax impact in the $470-to-$535 million range.The ...

Insurance and reinsurance losses related to the three major hurricanes that hit the U.S. this year will amount to $57.6 billion, making the cumulative ...

Ariel Reinsurance Ltd. has joined the list of start-up reinsurers hoping to capitalize on higher post-Katrina property rates.The Bermuda-based company announced it began operations ...

Mississippi Attorney General Jim Hood's lawsuit, filed after Hurricane Katrina to compel insurers to pay for what carriers argue are excluded flood damage claims, ...

Standard & Poor's Ratings Service has affirmed the rating of United Fire & Casualty Co. and the company's wholly owned subsidiaries and removed them ...

If Congress doesn't renew TRIA, Standard & Poor's will put a negative outlook on the commercial insurance lines sector--meaning that downgrades will outpace upgrades ...