Claims News Service, Sept. 23, 4:05 p.m. EDT - In the wake of Hurricane Katrina, the National Flood Insurance Program is modifying the way it settles claims to expedite the response to those

Claims News Service, Sept. 22, 3:47 p.m. EDT - Risk Management Solutions (RMS) has released their fourth U.S. Terrorism Risk Model, which incorporates the latest and most comprehensive expert views

First Advantage, a risk mitigation service provider, has acquired Phoenix Research.

Cozen O'Connor, a law firm serving business, insurance, and private clients, has opened its 24th office in Santa Fe, N.M.

For many insurance companies, the money paid to settle claims typically is the largest item on the balance sheet, comprising roughly 60 to 70 percent of net premiums written.

ISO has revised its CatCube catastrophe-history database to speed up database searches and provide in-depth analyses of insured property losses from catastrophes in the United States since 1950.

Lynx Services, a third-party administrator for automotive glass claims, has designed a national registry of automotive glass service providers.

Despite the ravages of four hurricanes in Florida last year, the nation's property and casualty insurers reported profits of $41.3 billion in 2004.