Climate change may destroy South Florida's coastal ecosystem in as few as 100 years.

A Florida employer was arrested for failing to provide adequate Workers' Compensation coverage after two of his employees were struck by lightning.

Allianz said it expected operating profit of slightly more than $13 billion in 2013, edging over the top of its own target range and in line with analysts' expectations.

The microinsurance sector in Asia and Oceania has reached 271 million lives and properties covered, says Munich Re, representing a 40% annual growth rate between 2010 and 2012.