LAS VEGAS--The former president of Florida's insurer of last resort told an industry group meeting that a national catastrophe fund would make more sense as a reinsurance program than as a primary insu

LAS VEGAS--Quick action after a water loss can reduce the cost of a claim and at the same time keep the policyholder happy, which is the primary job for insurers, adjusters and contractors, an instruct

WASHINGTON--Over time, the deficit in the National Flood Insurance Program can be expected to grow by $900 million annually because the program was designed to be subsidized, according to a new Congres

BearingPoint, a management and technology consulting firm, and Guidewire Software, a solutions provider for the insurance industry, announced their cooperation to approach jointly the insurance

Under the bill, the home state regulator would also be responsible for allocating any taxes collected on the coverage to the other involved states. The legislation makes it easier for sophisticated

Under the bill, the home state regulator would also be responsible for allocating any taxes collected on the coverage to the other involved states. The legislation makes it easier for sophisticated pu

LAS VEGAS--While insurers rely on risk models to predict their loss exposure, models can also be used to establish reserves after the claim and examine the variables that can reduce the cost, two actua

A Louisiana federal judge who stunned carriers last year by finding that many of their policy flood damage exclusions do not hold water, appears to have seen the law differently in 2005, according to