Commercial Lines

It may be necessary to raise the National Flood Insurance Programs borrowing authority to as high as $30 billion to cover claims resulting from Superstorm Sandy, state insurance regulators fear.

It may be necessary to raise the National Flood Insurance Programs borrowing authority to as high as $30 billion to cover claims resulting from Superstorm Sandy, state insurance regulators fear.

Natural disasters often leave many Business Interruption losses in their wakeand Superstorm Sandy will be no different. Businesses that did not sustain damage or were not even closed can still be subjected to losses when companies with which they do business must suspend operations.

Natural disasters often leave many Business Interruption losses in their wakeand Superstorm Sandy will be no different. Businesses that did not sustain damage or were not even closed can still be subjected to losses when companies with which they do business must suspend operations.

Twelve insurers and two insurance brokers achieved a score of 100 in the 11th edition of the Human Rights Campaigns Corporate Equality Index joining a record number of companies extending sexual orientation and gender identity protections in the workplace.

Ambac Financial Group, Inc. and Ambac Assurance Corp. will reopen their headquarters at One State Street Plaza in New York City on Monday, Nov 26.