Reinsurance

Early estimates point to $5-$10 billion total insured losses, with majority borne by reinsurers, according to Morgan Stanley.

The FEMA director chastised Americans failing to heed evacuation warnings and failure of many people to carry insurance.

Hurricane Michael made landfall on the Florida Panhandle Wednesday, with 155 mile-per-hour winds.

Michael has the potential to become a major hurricane by late Tuesday.

The Mount Soputan volcano in Indonesia erupted on Wednesday, throwing ash as high as 4,000 meters into the sky,

Insurance Commissioner Jones encourages greater governing board diversity for insurance companies in California.