A Manhattan federal jury has ruled in favor of World Trade Center leaseholder Larry Silverstein, declaring that the hijacked planes that destroyed the Twin Towers count as two separate attacks for insurance purposes.

As the insurance industry approaches the five-month mark from the appearance of Hurricane Charley, there is good news and bad news.

Between Atlantic hurricanes and Pacific typhoons, the 2004 storm season generated record catastrophe losses.

Several key issues remain unresolved in the Criminal History Record Check Model Act proposed by the National Association of Insurance Commissioners, according to PCI.