The total risk capital of insurance-linked securities dropped by $223 million despite the second highest two-quarter issuance of catastrophe bonds in the history of the market, says Guy Carpenter Securities.

Federal flood-management officials are considering whether to base National Flood Insurance Program premiums on community-mitigation efforts—a departure from current practice.

Price declines are the biggest risk factor for primary property and casualty companies, according to Standard & Poor’s, and the declines are a reason why commercial lines remains the only insurance sector with a negative outlook.

While one insurance executive says the current market cycle has been “very unique and different” because its bottom coincides with an economic downturn, another executive says the same human factors of “fear and greed” are driving insurers’ behavior.

The Travelers Cos. says it expects after-tax catastrophe losses of about $1 billion from numerous weather events in April and May.

An Iowa man has been charged after making false claims regarding water damage to his vehicle.

An Iowa man has been charged after making false claims regarding water damage to his vehicle.

At the 67th annual CPCU Society Meeting and Seminars this October, attendees will get to take a look at the risks associated with gaming environments while in the heart of Sin City.