Swiss Re says it declined 23 of 170 business transactions it screened, determining that they failed to meet the insurer's conditions for proper social, economic and environmental behavior.

Insurance claims for flood damage in Germany may be as much as $8 billion, catastrophe modelling firm AIR Worldwide said on Thursday, after the worst flooding in a decade.

Quick, name the best known insurance carriers on the market today. Are Progressive, GEICO and Aflac the first that come to mind? Thats no accident.

They used to call Professor Nicholas K. Coch "Dr. Doom." Now they call him quite often.