News

More earthquakes have struck Christchurch, New Zealand, and catastrophe-risk modeler EQECAT says the damage could cause an additional $3 billion to $5 billion in insured losses.

The Travelers Cos. says it expects after-tax catastrophe losses of about $1 billion from numerous weather events in April and May, coming in with the largest of four recent loss estimates for spring U.S. storms that spawned numerous deadly tornadoes.

Individuals may not sue lawyers, accountants and investment advisers under securities laws for alleged false or misleading statements made by others, the Supreme Court ruled last week.

When David H. Long first sat down at his desk at Liberty Mutual to work as a financial analyst, he thought it was a good job to keep him busy for a few years before heading to graduate school.

For the CEO of Crum & Forster, Doug Libby, there is little not to like about the $294 million deal that adds First Mercury Financial Corp. to his group’s specialty-insurance operations. Libby sat down with NU for an exclusive …

Kicking off the second day of America’s Claims Event (ACE) were four women who have had a profound impact on the P&C insurance industry.