Ohio-based insurer Cincinnati Financial Corp. said it has asked a court to modify subpoenas received from Florida's insurance department related to its reinsurance program and contacts with insurance

NEW YORK--The subprime mortgage market collapse may not seriously affect insurers from an investment standpoint, but there are concerns about ripple effects and professional liability claims that could

Directors and officers liability coverage is not uniform throughout the world, and insurance purchased for a multinational firm in the United States does not necessarily extend to other countries, bro

Humberto on Sept. 13 increased from a tropical storm to one with hurricane-level winds in 12 hours off the coast of Texas. The Category 1 hurricane swept in just north of Galveston, Texas, and continu

Louisiana's insurance market is showing signs of improvement, with indications that the number of policyholders in its insurer of last resort is declining, but conditions are still difficult, the stat

Late Friday, New York-based Marsh & McLennan Companies Inc. said Mr. Storms' departure was effective immediately and that a search for a successor is underway. In the interim Michael G. Cherkasky, pre

Late Friday, New York-based Marsh & McLennan Companies Inc. said Mr. Storms' departure was effective immediately and that a search for a successor is underway. In the interim Michael G. Cherkasky, pre

Risk Management Solutions in Torrance, Calif., said it does not expect that total estimated insured losses will exceed $500 million, and Eqecat in Oakland, Calif., said estimated "ground-up" damages,