Personal Lines

New York Citys demography and geography are perfect for maximum destruction during a hurricane. And it doesnt have to be a major hurricane.

As the Northeast hunkers down in the face of Hurricane Sandy, weather service forecasts say that its impact could be worse than last years Hurricane Irene--but one analyst says that the storm may not be enough to turn the market sharply.

As the Northeast hunkers down in the face of Hurricane Sandy, weather service forecasts say that its impact could be worse than last years Hurricane Irene--but one analyst says that the storm may not be enough to turn the market sharply.

Insurers have the logistic and financial resources to handle Hurricane Sandy, says Robert Hartwig, president of the Insurance Information Institute

Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the U.S. stock market saw its first weather-related closure in 27 years.

Two major earthquakes struck off the Western coast of Canada over the weekend, but the most powerful quake was expected to cause no significant insurance losses, one catastrophe modeler says.