The U.S. securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as 'captives,' whose business model has come under regulatory radar, the Wall Street Journal reported.

This past year saw the industry faced with issues both new and old. Some events were noteworthy for their general news impact, others for their direct influence on the property and casualty industry, and still others for the massive amount of interest they generated among PC360's readership.

A federal district court judge in Mississippi rejected the effort of a Mississippi county to intervene in the state's lawsuit challenging NFIP rate hikes.

Data analytics company CoreLogic has confirmed its acquisition of catastrophe modeler Eqecat.