Only light losses are expected in the U.S. from Hurricane Earl, which moved up the East Coast over Labor Day weekend.

Hurricane Earl, now a Category 4 storm, hit the Caribbean and is expected to track close to the U.S. East Coast later this week as a major hurricane, according to reports.

A hurricane warning is in effect for the East Coast of the U.S. from Bogue Inlet, N.C., to the North Carolina/Virginia border as Category 3 Hurricane Earl bears down on the region.

A Professional Insurance Agents of New York (PIANY) representative said she believes state regulators will make some producer compensation guidance language changes after

Hurricane Earl, now a Category 4 storm, hit the Caribbean and is expected to track close to the U.S. East Coast later this week as a major hurricane, according to reports.

The Atlantic storm Earl has become the second major hurricane of the season, and it is expected to continue gaining strength as it heads toward the northern Virgin Islands.

The failure of Congress to approve long-term renewal of a revamped National Flood Insurance Program could jeopardize the participation of private carriers.

Economic and insured losses from natural disasters have increased over recent decades, but a new report studying analyses of these events concludes anthropogenic climate change is not a main driver behind the increase.