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The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said, but A.M. Best affirmed the oil rig owner's captive insurer rating despite the losses it faces.
Colorado State University hurricane forcasters, led by William Gray, increased their early season forecast for storms said there is more than a 70 percent chance of a hurricane making landfall in the United States.
International counterterrorism efforts appear to be stifling the ability of terrorist groups to mount significant attacks on the scale of those of Sept. 11 according to the 2010 Aon Terrorism Threat Map.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
American International Group's sale of American International Assurance (AIA) Group, one of it two pan-Asian life insurance subsidiaries, to Prudential Plc of the United Kingdom appears to be in jeopardy.
A survey of statutory underwriting results of 19 U.S. property and casualty reinsurers found that net premiums were down 9.4 percent with the combined ratio increasing by 6.7 points.
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.