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Reverberations from Superstorm Sandy and the Costa Concordia disaster, as well as frequent movement among carriers both into and out of the segment, have shaped the face of the ocean marine insurance market for the past year.

The impact of the financial crisis on the P&C insurance industry was difficult to measure, according to a new report from the Government Accountability Office.

For many recent hurricanes the damage caused by the storm surge far outweighed the wind-driven impacts but many storm surge models have been shown to underestimate the potential insured losses.

For many recent hurricanes the damage caused by the storm surge far outweighed the wind-driven impacts but many storm surge models have been shown to underestimate the potential insured losses.

Claims adjusters and forensic experts must work together to accurately separate storm-created distress from ongoing construction defects. Here are some common conditions and factors to consider.

Although hurricanes are usually associated with southern coastal states, hurricanes Irene and Sandy proved storm surge is also a big risk for other states.

Despite 10 of the 12 costliest storms for insurers occurring within the last decade, industry expertsstaring in the face of yet another predicted above-average hurricane seasonsay insurers are prepared.

Karen Clark & Company releases WindfieldBuildera tool that allows insurers to create hurricane tracks and wind speeds to estimate damage to exposures.