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New York Insurance Superintendent Eric Dinallo announced he has issued an advisory to insurance companies notifying them that canceling a homeowners policy only on the basis that a dwelling is unoccup

So far approximately 900 claims have been filed with insurers amounting to about $104 million in insured losses, but that number is expected to rise as more claims come in, said Tully Lehman, a spokes

Insurance industry groups continue to argue that North Carolina's state-run insurer of last resort would be unable to absorb the losses from a major storm, with the most recent argument coming from th

London-based insurance broker Benfield said one of its subsidiaries had its contract to administer the federal Terrorism Risk Insurance Program (TRIP) renewed after an extensive and competitive proces

Standard & Poor's Ratings Services has lowered bond insurer Ambac Assurance Corp.'s financial strength rating three notches to "A" due to residential mortgage sector exposures that have caused losses

New York-based risk management and insurance consulting firm Compass Company, Inc. said today it has entered into a strategic alliance with Precision Discovery, an information technology risk and liti