Tampa, Fla. and New York City cracked a list of top five hurricane-overdue cities in an article posted on The Weather Channel’s website, Weather.com.

Justices for the Court of Appeals for the State of New York peppered attorneys with questions for close to 45 minutes during a hearing on whether a group of banks can go ahead with a lawsuit against bond insurer MBIA.

Justices for the Court of Appeals for the State of New York peppered attorneys with questions for close to 45 minutes during a hearing on whether a group of banks can go ahead with a lawsuit against bond insurer MBIA.

Paris, France-based AXA says it will sell its Canadian property and casualty and life and savings insurance operations to Toronto-based Intact Financial Corp. for CAD 2.6 billion ($2.7 billion at the current exchange rate).

Premium for the aerospace insurance market is down for the fourth year in a row as capacity remains high, but buyers are being warned that the soft market direction won’t last, says insurance broker Aon.

Insurance broker Hub International Ltd. will expand its operations in the South with the acquisition of First Southeast Insurance Services Inc.

Insurance broker Hub International Ltd. will expand its operations in the South with the acquisition of First Southeast Insurance Services Inc.

Twenty-six trade groups involved in the sale, financing and insuring of residential properties have signed a letter to the House leadership urging prompt action on legislation providing for a long-term reauthorization of the National Flood Insurance Program.