The loss of Air France Flight 447 off the coast of Brazil could have a hardening effect on aviation insurance rates, an aviation insurance expert said, but the full impact probably won't be known until year's end.

Political infighting has left the Texas Department of Insurance facing the possibility of being abolished through legislative inaction, but industry officials say there is no crisis at the moment.

Wells Fargo & Company has passed Citigroup Inc. in insurance brokerage income, according to a report issued by a bank insurance consulting firm.

Hurricane forecasters William Gray and Phil Klotzbach predict an Atlantic tropical cyclone season of slightly below average frequency, and one consultant said it is in line with reinsurers' expectations.

Organizations that ignore the threat of terrorism and do not plan for the possibility could face lengthy and expensive litigation in the aftermath of an event, according to an executive at Aon.

The Gulf Coast remains the most likely hot spot for hurricane landfall, according to an updated report from Guy Carpenter that issued a forecast just slightly off from the landfall average dating back to 1951.

The Travelers will replace its one-time parent Citigroup Inc. in representing the financial services sector on the Dow Jones Industrial Average, it was announced today.

A coalition of environmental and conservative groups, backed by a consortium of insurance interests, has joined forces to fight legislation to create a federal catastrophe insurance pool.