E&S/Specialty

The communities in the Northeast most gravely affected by Superstorm Sandy include some of the wealthiest towns in the nation: For practically every bungalow destroyed by the storm surge, a million-dollar beachfront mansion was also claimed.

While the total of terror attacks has declined on a global basis, the number of incidents remains at historic highs and insurers need to continue monitoring situations to better understand risk, says Guy Carpenter.

Insurance analysts say modest rate increases for property and casualty risks will extend into 2013, as the overall economic environment is not expected to change dramatically in the coming year.

Insurance analysts say modest rate increases for property and casualty risks will extend into 2013, as the overall economic environment is not expected to change dramatically in the coming year.

The chairman of the Senate Banking Committee today hedged when asked whether he would support a 50 percent increase in the borrowing authority of the National Flood Insurance Program.

The chairman of the Senate Banking Committee today hedged when asked whether he would support a 50 percent increase in the borrowing authority of the National Flood Insurance Program.

Insurance-industry officials this weekend voiced strong support for the Obama administrations request to raise the National Flood Insurance Programs borrowing authority by 50 percent.

Insurance-industry officials this weekend voiced strong support for the Obama administrations request to raise the National Flood Insurance Programs borrowing authority by 50 percent.