A housing crisis loomed in New York City as victims of superstorm Sandy struggled without heat in near-freezing temperatures on Sunday and nearly 1 million people in neighboring New Jersey shivered in the dark without power

Superstorm Sandy won't put insurers' finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Hiscox , the biggest London-listed reinsurer, said on Monday.

Superstorm Sandy won't put insurers' finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Hiscox , the biggest London-listed reinsurer, said on Monday.

Standing in the driveway next to the charred shell of his house on Long Beach, Long Island, with the hood open to his water-logged, brand-new 2012 Subaru Outback, Bill Long heard the words so many in the path of superstorm Sandy have been hoping to hear: "I'll take care of...

Standing in the driveway next to the charred shell of his house on Long Beach, Long Island, with the hood open to his water-logged, brand-new 2012 Subaru Outback, Bill Long heard the words so many in the path of superstorm Sandy have been hoping to hear: "I'll take care of...

Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Friday said its third-quarter profit rose as strength in the railroad and utility businesses, as well as investment gains, offset weaker results in the insurance units.

Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Friday said its third-quarter profit rose as strength in the railroad and utility businesses, as well as investment gains, offset weaker results in the insurance units.

AIG reports third-quarter profit of $1.9 billion compared to a loss of $3 billion during the same time last year.