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A flood caused by an act of negligence, even if the negligence only exacerbated the flooding, may present a recovery opportunity. Read how to identify the real cause of flooding and handle subrogation claims proficiently.

A bill extending the National Flood Insurance Program for another year passed the House of Representatives yesterday and was sent to the White House.

A total of 725 weather events between January and September this year have caused insured losses of $18 billion and indicate a probable link between the increasing weather extremes and climate change, Munich Re said.

Medical professional liability insurers are at a sweet spot in their underwriting cycle. For insurers, it's a place where loss ratios are low, capital is plentiful--and in this case premiums, though under pressure, are only slightly off their peak.

Vertafore, a provider of software and services to the insurance industry, announced the availability of AMS360 version 5.0, the latest version of the company's agency management system.

The increasing frequency of low severity, rare weather events is impacting underwriting results for property and casualty insurers in the U.S., and the phenomenon is credit negative for insurers, Moody's said in its Weekly Credit Report.

"Coverholder business has become an absolute priority for Lloyd's," according to Adam Stafford, senior project manager of market operations for Lloyd's.

A federal judge in New York has denied a request by American International Group (AIG) to have a securities fraud class action lawsuit against it dismissed.