News

Despite the devastation and billions of dollars in economic damage that Turkey has suffered from Sundays 7.2 magnitude earthquake, the insurance industrys burden should be minimal with one loss estimate at up to $200 million.

The recent departure of two chief executive officers at Willis Group Holdings had nothing to do with ongoing company activity, the firms chief executive says.

In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.

In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.

A hurricane warning is in effect for the east coast of the Yucatan Peninsula, from north of Punta Gruesa to Cancun, as Hurricane Rina bears down on the region.

A hurricane warning is in effect for the east coast of the Yucatan Peninsula, from north of Punta Gruesa to Cancun, as Hurricane Rina bears down on the region.