Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
American International Group Inc. does not have to cover insurance claims from two former Bernard Madoff clients who sought compensation for their losses under their homeowner's policy, a federal appeals court ruled on Wednesday.
Rate increases are likely to continue as reserve releases decline and carriers realize minor returns on their investment portfolios, says a financial analyst with Stifel Nicolaus.
Firefighters battled wildfires across the U.S. West on Tuesday, including a massive out-of-control blaze that has destroyed at least 60 homes and burned more than 28,000 acres between two national forests in Washington state.
A federal court of appeals is sending back to district court a $72 million settlement General Reinsurance Corp. had with investors to resolve a securities class-action lawsuit.
Midday weather maps indicate drier conditions this week for the already drought-stricken U.S. crop region than earlier forecasts had shown, an agricultural meteorologist said on Tuesday.
In the wake of its CEO announcing plans to step down, the National Association of Insurance Commissioners offered assurances that it has the international-regulatory relationships and expertise in place to guide the organization through pivotal times in insurance regulation.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.