Sen. Lott has been at odds with the industry since Hurricane Katrina, which heavily damaged his home and saw him clash with his carrier over the claim. He filed suit against his insurer, State Farm, l

Mr. Klingel put bird flu in the realm of nontraditional challenges for the industry, which include the threat of terrorist attacks and a medical care crisis that could lead to new forms of health serv

ORLANDO, FLA.--The property-casualty insurance industry can count on a year of catastrophes inflicting insured losses nearly double last year's record $58 billion, an economist warned at an industry co

WASHINGTON--Sen. Arlen Specter introduced a revised version Friday of his legislation aimed at limiting asbestos injury litigation by creating a special $140 billion fund for claimants, nearly a third

ORLANDO, FLA.--The insurance community must seek continuing federal support for terrorism losses because the industry could not pay the claims from a radioactive blast, the leader of a major insurer gr

ORLANDO, FLA.--Job injury frequency has declined more than 30 percent over the past decade and economic forces will continue that trend, an economist with the National Council on Compensation Insurance

The acquisition "is consistent with our vision to aggressively expand our presence in the Pacific Northwest region," said Tom Golub, president and chief executive officer at Beecher Carlson. The compa

The industry's key profitability yardstick--the calendar-year combined ratio--was 102 for 2005, which is a five-point improvement from the prior year and the best result since 1997, according to the N