A recent report from Entergy Corp. said that without climate-change mediation, economic losses in the Gulf Coast could rise 50-60 percent by 2030 to $23 billion annually.

Banks fighting the split of MBIA Insurance Corp. into two companies said they submitted affidavits from four former New York insurance superintendents stating that the N.Y. State Insurance Dept. violated its duty by allowing the insurer to make the move.

The Japan earthquake and tsunami revealed a flaw in catastrophe modelers’ planning, as modelers pointed to the fact that they did not account for the complete devastation that hit the island nation.

No matter where one stands on the issue of global warming, there are practical reasons for producers to embrace the environmental revolution—not least of which is the chance to grow their books.

In the wake of a magnitude 9.0 earthquake that struck Japan on March 11, with insured-loss estimates reaching as high as $35 billion, analysts and rating agencies fell on either side of the debate about whether the event will cause a turn in the long-running soft-market cycle.

The global supply chain disruption as a result of the Japan earthquake can be immediately identified. Just type the phrase into your favorite search engine.

A U.S. Appeals Court has thrown out a suit against American International Group directors and officers, stating that the plaintiffs failed to show that AIG officials were not acting in the best interest of the company as they faced the subprime market meltdown.

An agents group in Pennsylvania is hoping the state Legislature will pass a tort reform measure that it said would make the state a friendlier place to do business.