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Storm surge property damage could top $300 billion in 10 major U.S. cities along the Gulf and Atlantic coasts, with most at-risk homes in the threatened areas outside of current FEMA flood zones, according to a study by CoreLogic, a leading provider of consumer, financial and property information and business...

PropertyCasualty360.com's Agent & Broker Channel Editor Laura M. Toops is twittering every day about breaking news and timely topics—not to mention keeping readers up to date on agent and broker-related news and analysis being posted on PropertyCasualty360.com.

Among the more controversial topics that we cover is global warming and its impact upon the insurance industry. Opinions aside, are producers missing an opportunity to grow their business by turning green into green?

Catastrophe modelers, through their near-term models, have overshot actual insured losses for 2006 through 2010 by as much as $53 billion.

Citizens Property Insurance Corp., the behemoth state-run property insurer, has a reputation that reaches far beyond Floridas shores. Leaders from neighboring coastal states call it Floridas folly to grow what is, essentially, socialized property insurance.

Karen Clark & Co. has issued its third annual report on the performance of three near-term catastrophe models, which concludes that they have "significantly overestimated" losses during the five-year period.

Initial flood damage estimates for the Tenn. floods in 2010 were far more conservative than the most recent numbers reported.

Initial flood damage estimates for the Tenn. floods in 2010 were far more conservative than the most recent numbers reported.