There are huge implications for the insurance industry that should be considered.

Floods already have washed over Northern California, inundating homes and farmland and spurring evacuations.

Zurich Insurance Group AG, Switzerlands biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to chief risk officer Cecilia Reyes

A Boeing Co. 747 cargo aircraft crashed Monday during its approach to Bishkek, the capital of Kyrgyzstan, killing at least 37 people, most of them on the ground.