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With rescue operations coming to a close and recovery efforts underway all along the battered Gulf Coast, experts are still unsure as to what the insured damages from Hurricane Katrina will be.

Guy Carpenter, a risk and reinsurance intermediary, notes in a recent report that Hurricane Rita is located approximately 175 miles west of Key West in Florida and packs sustained winds of around 120

Downgrades Loom As Katrina Loss GrowsWith insured damages as high as $60 billion, rating agencies raise concernsBy Daniel Hays and Caroline McDonaldWith modeling firms ...

Insurers Face Ballooning Katrina LossesAdjusters hit the ground, with insured damages reaching as high as $35 billionBy Mark e. ruquetInsured loss estimates continued to ...

Amount of damage caused by flooding hampers estimate of industry's ultimate exposureBy Mark e. ruquetHurricane Katrina could end up being the worst catastrophe ever ...

Hurricane Katrina made its second US landfall on August 29th in southern Plaquemines parish, Louisiana, about 70 miles south-southeast of New Orleans. The storm subsequently swept across

John Kerry and Rep. Henry Waxman have asked that allegations against Phillip A. Cooney, a chief of staff for the White House Council on Environmental Quality, be investigated.

With the conviction and incarceration of America's most prominent CEO, Martha Stewart, it becomes incumbent on corporations of any size to make new governance arrangements.