Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.

A federal district court in Connecticut has denied a homeowners attempt to sue the insurance agent who sold him a standard flood insurance policy for misrepresentation.

A former Fla. clinic owner is implicated as the mastermind behind at least 26 accidents involving 60 people and $240,000 in fraudulent claims.

New legislation passed by the New York Assemblyand moving towards the Senatemay change the way storm claims are processed in the state, possibly forcing insurers to cover flood damage from the next storm.