The massive floods that devastated swaths of southern Alberta in June are estimated to be the costliest natural disaster in Canadian history, with property damage at $1.65 billion.

Hurricane Manuel, a double-hitter storm that made two landfalls in Mexico last week, left 97 deaths in its wake, and according to EQECAT, an estimated $200 million in insured losses.

Due in large part to losses associated with Superstorm Sandy, underwriting results last year among surplus lines carriers fell below results of the P&C industry for the first time in more than a decade.

The man some call Canada's Warren Buffett, as part of a consortium, has offered $4.7 billion to acquire troubled smartphone maker Blackberry.

New Yorks top financial-services regulator says, based on his perspective as a former prosecutor of terrorism, the Terrorism Risk Insurance Act should be made permanent to respond to unconventional threats.

New Yorks top financial-services regulator says, based on his perspective as a former prosecutor of terrorism, the Terrorism Risk Insurance Act should be made permanent to respond to unconventional threats.

When it comes to cyber attacks, inaction is equal to the power of evil intent: according to the Ponemon Institute, negligence causes 39 percent, and criminal attacks cause 37 percent, of all data breaches.

When it comes to cyber attacks, inaction is equal to the power of evil intent: according to the Ponemon Institute, negligence causes 39 percent, and criminal attacks cause 37 percent, of all data breaches.