Rep. Tim Mahoney, D-Fla., told members of the National Conference of Insurance Legislators at their spring meeting here today that the catastrophic risk problem Florida faces is not unique to that sta

Richard Attanasio, an analyst for the Oldwick, N.J.-based rating firm, said he is basing his outlook on continued operating profitability for personal lines carriers, as well as their strong balance s

Standard & Poor's said today the "triple-A" ratings of the financial guaranty subsidiaries of Berkshire Hathaway Inc. would not be affected by the company's decision to get involved in the municipal b

In the first of the Hurricane Katrina flood cases to hit the U.S. Supreme Court, the court declined to review a federal appeals ruling upholding the flood exclusion in homeowners policies issued by

Congress can enact legislation this year reforming regulation of the surplus lines and reinsurance industries, but support is lacking for creation of a federal backstop for state catastrophe funds, a

A strong earthquake struck a remote area in northeastern Nevada early Thursday, but insurance losses in the sparsely populated region are not expected to be significant according to the Insurances Ser

The indictment accuses Rep. Renzi and two former business partners of conspiring to promote the sale of land that buyers could swap for property owned by the federal government. The sale netted one of

In a 8-1 decision, the court ruled that manufacturers of medical devices are not liable for personal injuries under a 1976 law as long as the Food and Drug Administration approved the device before it