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Data aggregator Property Claims Service upped its insured loss estimate from superstorm Sandy to $18.75 billion, leaving investors in a catastrophe bond issued by Swiss Re facing possible losses.

Data aggregator Property Claims Service upped its insured loss estimate from superstorm Sandy to $18.75 billion, leaving investors in a catastrophe bond issued by Swiss Re facing possible losses.

Nations of the world will need to come to grips with climate change and seek ways to cut carbon emissions while fulfilling the growing need for energy consumptionall of which spells growth opportunities for insurers, a new report says.

The National Association of Insurance Commissioners says it has named former Nebraska Senator Ben Nelson as its new chief executive officer.

The National Association of Insurance Commissioners says it has named former Nebraska Senator Ben Nelson as its new chief executive officer.

The Terrorism Risk Insurance Act isnt set to expire until the end of 2014, but that doesnt mean it wont be an issue in 2013.