News

Close to three months after the Texas wildfires were declared major disasters, assistance to survivors has topped $32 million.

Property and casualty carriers shed 900 jobs in October compared to September, continuing a trend seen since July 2008, but the insurance industry overall added 4,900 positions in October.

Frat parties, sports events and even school vehicle usage could put universities at risk every day through negligence and benign neglect.

U.K. banks should cut back on lavish pay for top executives, the Association of British Insurers urged Tuesday.

Catastrophe modeler Risk Management Solutions says insured losses from the 2011 Atlantic hurricane season will be about $5 billion.

Insurance industry representatives say the four months of flooding in Thailand could cost the insurance industry as much as $11 billion, with Swiss Re putting its losses at over a half-billion dollars.