With forecasters predicting 15 named storms forming in the Atlantic basin between June 1 and Nov. 30, the Institute for Business and Home Safety (IBHS) has listed its top four myths in preparing structures for hurricanes.

More than 140 insurance and technology professionals attended the 2010 Duck Creek Insurance Forum, which was held earlier this month near Charleston, S.C.

Auto insurer Progressive reported April net income slipped four percent as its combined ratio climbed 1.5 points.

Low-speed vehicles are not a safe alternative to traditional automobiles, and drivers should consider safer alternatives to these "souped-up golf carts," the Insurance Institute for Highway Safety (IIHS) said.

If there is a silver lining for businesses that have shed workers and seen sales drop during the recession, it may be cheaper insurance, but agents and brokers need to be made aware of changes as soon as possible.

Munich Re said it obtained $80 million in catastrophe bond coverage for U.S. hurricane and European windstorm risks.

Americans recognize the importance of protecting their assets, but ensuring adequate insurance coverage for homes, cars and other possessions ranks low on Americans' financial priority list, according to a recent Country Financial survey.

The golden rule of successful system implementation is good project management.