News

The severity of hurricane-related losses can vary drastically -- challenging insurers to be prepared for the unknown at all times. Here's how insurers are successfully adjusting to evolving risk exposures and policyholder needs.

The property and casualty industry posted a $1.3 billion first-quarter loss--the worst result it has recorded in more than 20 years of surveying consolidated results, the Insurance Services Office reported.

The National Weather Service finally got around to naming a storm after NU Editor In Chief Sam Friedman, who ponders the consequences of getting hit by what would be the 18th cat event of 2009 on his blog today at www.NUSamSoapbox.com.

An insurance industry official told a congressional panel that lawmakers must be careful to ensure any expanded federal insurance does not artificially suppress rates or crowd out private carriers.

Key Senate Democrats unveiled a "public plan" option for health care reform that would be administered by the Department of Health and Human Services, which would negotiate rates and premiums.

A longtime Allstate agent and veteran of the Florida House of Representatives has announced his candidacy for Florida chief financial officer in a race likely to see some focus on the state's fractured insurance market.