State Farm must pay $2.5 million in punitive damages to a couple whose house was destroyed by Hurricane Katrina, a Mississippi federal jury ruled last week. The panel's finding came hours after U.S.

State Farm, after losing a Hurricane Katrina home damage case to the tune of $2.7 million, is due before the same judge in Mississippi federal court to try a case with a similar fact pattern in 10 day

The reality of climate change can no longer be ignored by U.S. policymakers, and coordinated action needs to be taken between government and business for the sake of future generations, the chairman o

New York City Mayor Mike Bloomberg cited the wisdom of insurance underwriters in Washington earlier this week when he crossed swords on Capitol Hill with ...