News

Zurich Financial Services Group is calling upon the insurance industry to use its resources and risk management expertise to respond to the challenges presented by climate change.

The New York State Insurance Department has added coverages to its excess and surplus lines "export list"-- coverages an excess lines broker can place with a non-admitted carrier without first getting three declinations from New York licensed carriers.

State-run property insurers of last resort in some hurricane-exposed states "are on shaky ground" financially, the Insurance Information Institute warns.

California firefighters made headway on containing the worst of the wildfires in the state as the number of dwellings destroyed in the blaze remained unchanged at more than 60.

Hurricane Jimena struck Baja California twice, but spared the Southern tip of the peninsula--popular with tourists--with a direct hit.

The National Association of Mutual Insurance Companies said it has promoted three members of its senior staff--Gregg Dykstra, Jimi Grande and Neil Alldredge.