Hurricane Irmas westward shift will probably inflict heightened damage on people and businesses unable to adjust to its new path in time, while the storm fuels floods that many insurance policies dont cover.

The company holds a policy that would probably cover about $100 million to $150 million, with costs shared by carriers in the London market and elsewhere.

As Hurricane Irma edges closer to Florida, investors on Wall Street are watching a small insurer with an unusually big commitment to the state.

Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land.

Hurricane Harveys second act across southern Texas is turning into an economic catastrophe with an unusually large share of victims lacking adequate insurance.

The Houston area has the biggest number of houses at risk.

Carl Icahns role as a special regulatory adviser to President Trump has ended after questions were raised about potential conflicts of interest with his business dealings in insurance and oil refining.

AIGs incoming COO Peter Zaffino will get a $23.5 million pay package.