E&S/Specialty

The storm system that produced deadly tornadoes this past week, including the one that leveled Moore, Okla., is expected to cause between $2 billion and $5 billion in insured property losses, according to catastrophe modeler Eqecat.

Citizens Property Insurance Corporations Board of Governors this week took a bold yet responsible step to reduce the risk to Florida taxpayers while protecting Citizens policyholders in the event of a catastrophic storm.

Citizens Property Insurance Corporations Board of Governors this week took a bold yet responsible step to reduce the risk to Florida taxpayers while protecting Citizens policyholders in the event of a catastrophic storm.

The National Resources Defense Council says private insurers are turning away from climate-change risks, sending an unmistakeable signal that such risks are increasing and that costs to society are climbing, but an insurance industry association disputed some of the figures used to arrive at that assumption.

The National Resources Defense Council says private insurers are turning away from climate-change risks, sending an unmistakeable signal that such risks are increasing and that costs to society are climbing, but an insurance industry association disputed some of the figures used to arrive at that assumption.

Sen. Mary Landrieu, D-La., late Tuesday introduced legislation that would roll back a number of National Flood Insurance Program reforms passed last year.