The Atlantic storm Hurricane Danielle, which weakened yesterday to a tropical storm before re-intensifying into a Category 1 hurricane, is not expected to threaten land, according to catastrophe modeler Risk Management Solutions (RMS).

Weather Services International (WSI) again lowered its predictions for named storms and hurricanes for the 2010 Atlantic hurricane season, but the forecast is still well above the long-term average.

Cover-All Technologies Inc. announced the delivery of a custom church insurance product offered by Alfa Mutual Insurance Company.

It was a mistake for President Obama to cancel his NAIC speech to attend fundraisers in town instead, when he should have been rallying the regulatory troops on health reform, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapbox.com.

A nonprofit organization in support of the Homeowners Defense Act is using the anniversary of Hurricane Katrina to remind lawmakers the country is no better off today.

European insurers' exposure to certain heavily indebted countries within the eurozone is not expected to weigh down those insurers' credit profiles, Moody's Investors Service said in a Special Comment.

There's no doubt the insurance industry still faces difficult challenges, even as the economy begins to improve. Insurers today are concerned with market risk, increased regulation, declining premiums, and the ever-present need to cut costs.

The Florida Office of Insurance Regulation (OIR) has asked the state's commercial and residential property insurers to collect and submit sinkhole claims--a cost driver insurers have said is swallowing underwriting profits.