Although admitting no wrongdoing, Allstate has established a $120 million reserve for the settlement of a class action lawsuit brought by adjusters employed by the company between November 1996 and December 2004.

Hurricane Rita threatened to slam into Texas and complicate matters in Louisiana with more rains that could put a strain on the levees late ...

Guy Carpenter, a risk and reinsurance intermediary, notes in a recent report that Hurricane Rita is located approximately 175 miles west of Key West in Florida and packs sustained winds of around 120

As reported on www.usatoday.com, a litigious battle over insurance claims stemming from Hurricane Katrina seems inevitable. According to the article, written by Kathy Chu, the main issue at hand is