News

Many policies preclude payment for claims involving "black market" items. So who's accountable for proving the legitimacy of objectsthe insured or the carrier?

Companies increasingly factor extreme weather into their strategic planning and a report from the United Nationsdue on Friday is expected to underscore the heightened risks they face.

Despite a softer-than-usual catastrophe year, Lloyds has reported a slight decline in profit in the first half of 2013 against a background of low investment yields.

Florida Realtors are joining the outcry against some of the flood insurance rates mandated by a 2012 federal law, arguing that implementation of a provision mandating immediate application of actuarial rates when a home is sold will bring Floridas housing recovering to a screeching halt.

Florida Realtors are joining the outcry against some of the flood insurance rates mandated by a 2012 federal law, arguing that implementation of a provision mandating immediate application of actuarial rates when a home is sold will bring Floridas housing recovering to a screeching halt.

As the Boston Marathon bombings show, the war on terror is far from over, but the Terrorism Risk Insurance Act is a "proven and unqualified success, the president of the Insurance Information Institute told a Senate committee today.