Farmers have spent 20 percent more on agricultural insurance in recent years to protect against crop losses from increasingly frequent bad weather events, according to reinsurer Swiss Re.

Farmers have spent 20 percent more on agricultural insurance in recent years to protect against crop losses from increasingly frequent bad weather events, according to reinsurer Swiss Re.

Insurance agents getting calls from clients about lost auto-insurance cards could soon become a thing of the past as more states seek to legalize the use of electronic ID cards.

Insurance agents getting calls from clients about lost auto-insurance cards could soon become a thing of the past as more states seek to legalize the use of electronic ID cards.

Ongoing quarreling over the budget in Washington is causing anxiety in the insurance industrymuch more concern, it would seem, than the industrys ability to handle random weather events.

Ongoing quarreling over the budget in Washington is causing anxiety in the insurance industrymuch more concern, it would seem, than the industrys ability to handle random weather events.

AIR's latest report notes the differences in probabilities of recent cat events when considering their likelihood of occurring globally, rather than the specific region in which they occurred. The modeler also contends that higher cat losses recently stem from increased exposures, rather than more frequent and severe events.

AIR's latest report notes the differences in probabilities of recent cat events when considering their likelihood of occurring globally, rather than the specific region in which they occurred. The modeler also contends that higher cat losses recently stem from increased exposures, rather than more frequent and severe events.