E&S/Specialty

Regional insurers saw a significant improvement in 2012 underwriting results compared to 2011, but only one of six such companies studied by Fitch Ratings managed an underwriting profit for the year, and regionals posted a higher 2012 combined ratio than any other subsector Fitch analyzed.

More companies are turning to Cyber insurance to protect themselves from the financial consequences of a data breach or cyber attack, as concern over the consequences of an assault grows, a new report from insurance broker Marsh says.

The flood-insurance program has the money to pay claims resulting from Superstorm Sandy, but is just one large event away from needing to ask Congress for more money, a state-insurance regulator is warning.

The flood-insurance program has the money to pay claims resulting from Superstorm Sandy, but is just one large event away from needing to ask Congress for more money, a state-insurance regulator is warning.

A bill in the House introduced by New York State representatives, would extend the grace period for flood-insurance-premium increases for Superstorm Sandy victims.

A bill in the House introduced by New York State representatives, would extend the grace period for flood-insurance-premium increases for Superstorm Sandy victims.