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The committee asked whether Citizens has contemplated requesting a federal bailout in the event of being unable to cover its claims.

The bond protects Axis and its subsidiaries against systemic cyber shocks over a two-year period starting in January.

The state insurance commissioner took emergency action to suspend the agent and his business.

Insurance technology news from Great American, INSTANDA, One Inc and more.

The U.S. has experienced a record-high 25 disasters this year that have generated at least $1 billion in damages each.

MGAs can offer insurers a cost-effective entry into new or niche markets without having to make the typical expenditures associated with expansion.

Here's what job seekers and those looking to get ahead in the P&C insurance business can expect in the new year.

The Swiss Re Global Cat Bond Performance Index is up 18%, while the Bloomberg U.S. Treasury Index has dropped about 1%.