Branchville, N.J.-based Selective Insurance Group Inc. announced it has donated $30,000 for flood relief to the Iowa American Red Cross chapters in Cedar Rapids, Waterloo, Des Moines and the Quad Citi

Based on current and projected climate signals TSR said it predicts both Atlantic basin and U.S. landfalling hurricane activity will be 90 percent above the long-term (1950-2007) norm. This compares t

Florida residents who have wind-only policies from Citizens Property Insurance Corp. will have to re-apply for coverage as of February 1, 2009, representatives from the state-created carrier said in a

Premium rates charged for commercial property insurance dropped 14 percent in July compared to a year ago, part of a general soft market trend for commercial insurance, an electronic insurance exchang

Mississippi Attorney General Jim Hood announced he has reached a settlement in his protracted battle with State Farm over payments to coastal homeowners whose houses were destroyed by Hurricane Katrin

Hamilton, Bermuda-based insurer XL Capital, Ltd., said it has closed its deal with Syncora Holdings Ltd. (formerly Security Capital Assurance Ltd. The name was changed on Aug. 4) that sever XL ties wi

Investment results fell nearly 37 percent compared to the second quarter of 2007, dropping to EUR1.6 billion ($2.5 billion) from EUR2.5 billion ($3.9 billion). The quarter included EUR889 million ($1.4 bill

New York motorists' cutback in miles driven as a result of soaring gasoline prices has led one large auto insurer to agree to withdraw a rate hike request for most of its companies, a state official s