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When Hurricane Wilma headed toward the southeast coast of Florida with sustained winds of 125 miles per hour, there was a sense of disbelief and weariness among policyholders, insurance company

Ever since state lawmakers recognized the need for a residual market to provide Florida residents in high-risk areas with homeowners' coverage, the guiding public policy position has been that major

When Hurricane Wilma headed toward the southeast coast of Florida, there was a sense of disbelief and weariness among policyholders, insurance company officials, claim adjusters, and state officials.

Insurers Skeptical About New Cat SystemTop executives nix idea of national catastrophe fund; favor unfettered marketBy Susanne SclafaneNew YorkThe industry doesn't need a national ...

Regulators Map A CAT PlanAfter a two-day huddle, regulators unveiled a plan for a national catastrophe insurance program with a wide-ranging outline, but few ...

Investors Rebuilding Bermuda CapitalStart-up activity continues as existing players retool operational strategiesEven though Hurricane Katrina did not make landfall in Bermuda, her path of ...

NU Online News ServiceState lawmakers have reacted favorably to a proposed public-private approach to cover natural catastrophe risks too large for the private market ...

NU Online News ServiceThe top insurance regulators from California, New York, Chicago and Florida met in San Francisco today to map a proposal for ...