Tower Group International says it will receive $5 million in exchange for the termination of its previously announced agreement to buy American Safety Reinsurance from Fairfax Financial Holdings.

Tower Group International says it will receive $5 million in exchange for the termination of its previously announced agreement to buy American Safety Reinsurance from Fairfax Financial Holdings.

In the world of risk management, claims are constant. For large organizations, they come storming in over the transom like snow flurries. Making sense of each one for risk mitigation purposes takes extraordinary time and effort.

In the world of risk management, claims are constant. For large organizations, they come storming in over the transom like snow flurries. Making sense of each one for risk mitigation purposes takes extraordinary time and effort.

A wildfire that has forced the evacuation of more than 2,000 homes in central Idaho roared largely unchecked into a 12th day on Monday near the ski resort of Sun Valley.

First-generation portals offered by insurers limited the way in which users could access information and functionality to a single, proprietary interface.

First-generation portals offered by insurers limited the way in which users could access information and functionality to a single, proprietary interface.

The Insurance Bureau of Canada says early July flooding in Ontario caused more than $850 million in insured property damage and the total is expected to rise.