New Yorks top insurance regulator said during a state Assembly hearing that Superstorm Sandy has highlighted the need for uniformity and clarity in property-insurance policies. He also vowed to examine anti-concurrent causation clauses.

Recent catastrophes have highlighted lingering problems for property & casualty insurers: Do carriers understand what their risks are and can they locate their policies and assets. In other words: location intelligence.

Recent catastrophes have highlighted lingering problems for property & casualty insurers: Do carriers understand what their risks are and can they locate their policies and assets. In other words: location intelligence.

Insurance agency mergers and acquisitions hit an all-time high in 2012, a recent study shows, with 291 transactions in the U.S. and Canada.

Each year in the U.S., 1,200 tornadoes on average kill 60 people, injure 1,500, and cause roughly $400 million in damages, putting long-term average tornado losses on par with hurricanes, according to a new report by Lloyds of London.

A federal judge has put American International Group Inc's dispute with a financial crisis-era bailout vehicle on hold while another court addresses the insurer's separate $10 billion lawsuit against Bank of America Corp over defective mortgages.

With the recent terrorist event in eastern Algeriaradical Islamists attacked a gas field, killing two and taking hostages--Americans working overseas must be protected.

With the recent terrorist event in eastern Algeriaradical Islamists attacked a gas field, killing two and taking hostages--Americans working overseas must be protected.