Macro-insurance is in its infancy and may take a long time to develop, but the concept is intriguing, and it appears that the industry is willing to begin to explore the potential.

Total aggregated economic losses in the U.S. from severe weather in May exceed $4 billion, while public and private insurers faced a combined payout approaching $3 billion.

A court has ruled that a CGL policy didn't cover lawsuits against Yahoo alleging it invaded plaintiffs privacy when it sent them unsolicited text messages.