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Oakland, Calif.-based catastrophe modeling firm Eqecat said today its high-end preliminary estimate for the insured loss caused by Saturday's windstorm Klaus that tore through France and Spain is up

State Farm, Florida's second largest property insurer, said today it is pulling out of the Florida home insurance marketplace two weeks after being turned down for a 47.1 average rate increase by the

State Farm, Florida's second largest property insurer, said today it is pulling out of the Florida home insurance marketplace two weeks after being turned down for a 47.1 average rate increase by the

Christian Milton, a former vice president of American International Group convicted last year in connection with a scheme to manipulate the company's financial statement through a finite reinsurance

The case was sparked by a Nashville, Tenn., school district's investigation of conduct by its employee relations director. Gene Hughes. Vicky Crawford, the district payroll supervisor, who had not

The company reported fourth-quarter net income of $801 million, down $262 million from the same period in 2007 when it reported net income of $1.06 billion. This translated into earnings per share of