Zurich-based Swiss Re in its catastrophe report for 2005, released today, said the recent increase in hurricane losses is linked to a warm phase of "Atlantic multidecadal oscillation" in the North Atl

State Farm said that more than $6 billion in hurricane losses contributed to a 39 percent drop in net income for 2005, the first time it has publicly reported its losses from this past season's hurric

Ft. Lauderdale, Fla.--A resolution vigorously opposing regulators' efforts to impose Sarbanes-Oxley reporting requirements on mutual insurance companies won preliminary approval today from a National C

S&P lowered the financial strength and counterparty credit ratings of PXRE Reinsurance Ltd. and U.S.-based PXRE Reinsurance to "triple-B-minus" from "triple-B-plus." The rating agency also lowered the

Founded in 1940 by Harry David Zutz, the agency provides a wide range of insurance products and services, specializing in professional liability insurance for associations. The agency's 2005 gross rev

Founded in 1940 by Harry David Zutz, the agency provides a wide range of insurance products and services, specializing in professional liability insurance for associations. The agency's 2005 gross rev

The company said its net rose by $3.3 million, or 21 cents a share, to $18.5 million, or 60 cents a share, compared with the same quarter in 2004 when net income was $11.8 million, or 39 cents a share

"We're still finding automobiles, boats, recreation vehicles and other items in New Orleans," said Salvage Direct President and Chief Operating Officer Darren Horn, in a message relayed by a spokesman