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It is axiomatic that traditional insurance policies cannot be purchased to cover losses known to exist. A classic example is the homeowner standing in his basement, with water up to his ankles, who tries to order flood insurance for the first time.

As the anniversary of Superstorm Sandys Oct. 29, 2012 landfall passes, New Jersey lawmakers are rightly considering whether New Jersey law offers sufficient protection to insurance policyholders subject to undue delay, underpayment or unjustified denial of their insurance claims.

American International Group has landed XL Groups CEO of North American P&C Insurance operations to be its president and CEO of its Europe, Middles East and Africa region.

Well, they used to call him Dr. Doom.

Click to see the Top 10 costliest terror attacks in recent history by insured property losses, as comprised by Swiss Re and the Insurance Information Institute.

Less than a year after being hit by Superstorm Sandy, iconic N.J. towns Seaside Park and Seaside Heights face tragedy again after a massive fire struck the boardwalk, damaging and destroying the newly repaired boardwalk and businesses.

Before the scheduled opening date in September 2006 for Cascades, a fitness club in Inver Grove Heights, Minn., Wayne Newton, a principal of Cascades, sought help in obtaining bonding and insurance for the club from his brother, appellant Nicholas Newton, the surety bond manager at Associated Insurance Agents Inc. (AIA)....

News from New Day, NAIA, Peckar & Abramson, Zurich, H.W. Kaufman and The National Alliance.