For property and casualty insurers and reinsurers, the impact of the 9/11 terrorist attacks was enormous, producing insured losses over $43 billion in 2015 dollars.

Todays insurers are hindered by the fact that the industry has traditionally maintained a low frequency of interactions with customers.

The Flood Insurance Market Parity and Modernization Act aims to preserve the surplus lines market's ability to provide supplemental coverage options that go beyond NFIP.

Hurricane Newton is raking the popular resort of Cabo San Lucas with high winds and heavy rains as it drifts across the Mexico state of Baja.