Everest Re reported a slight drop in second-quarter operating earnings yesterday, with catastrophe losses of $70.4 million from storms and flooding in Australia and England contributing to the decline

The company's chairman and chief executive officer, William R. Berkley, however, said the quarter saw some "lunatic" foreign competitors start to behave in a manner that may shorten the cycle, making

According to the Ohio Insurance Institute (OII), a trade association representing insurance companies and agent groups for the property/casualty insurance industry, at least 29,219 claims totaling

Rep. Melissa Bean, D-Ill., and Rep. Ed Royce, R-Calif., introduced the bill. They said they had won a commitment from the Democratic leadership of the House Financial Services Committee to hold hearin