The snow from a freak pre-Halloween snowstorm in the Northeast may have melted, but hundreds of thousands of residents remain without power, and damages in some areas rival those caused by Hurricane Irene.

Officials of Chubb and Liberty Mutual and consumer advocate Birny Birnbaum are among 15 people named today to the Treasury Departments Federal Advisory Committee on Insurance.

Officials of Chubb and Liberty Mutual and consumer advocate Birny Birnbaum are among 15 people named today to the Treasury Departments Federal Advisory Committee on Insurance.

Investment yields, low interest rates, less-favorable reserves and high catastrophe losses are working together to create a market hardening, according to reinsurance and specialty-insurance executives on various earnings conference calls this quarter.

Marsh & McLennan says third-quarter net income was down 23 percent, or $38 million, to $130 million due to a $72 million charge for early extinguishment of debt.

Moody's Investors Service has downgraded the insurance financial strength rating of Mortgage Guaranty Insurance Corporation (MGIC), citing material deterioration in the insurer's regulatory capital position, large current and projected claims payments, and modest new business production.

Moody's Investors Service has downgraded the insurance financial strength rating of Mortgage Guaranty Insurance Corporation (MGIC), citing material deterioration in the insurer's regulatory capital position, large current and projected claims payments, and modest new business production.

The U.S. solvency regime is expected to achieve equivalence with the European Union's Solvency II requirements, Fitch Ratings says in a recent comment.