Allstate Corp. says catastrophe losses for the month of May cost the insurer $323 million pre-tax primarily from seven loss events.

Tropical Storm Barry made landfall off the Gulf Coast of Mexico, packing 40 mph winds as it headed west toward Veracruz.

The Oklahoma Insurance Department says insurance claims from a series of tornadoes in May jumped to 70,782 with insurance payments reaching close to $562 million.

Leading legal malpractice insurers experienced a deluge of claims in 2012, including those in excess of $50 million, made up of complex lawsuits that originated during the economic recession of 2007 to 2009.

New York City Mayor Michael Bloomberg announced an ambitious, multi-decade plan that would put $20 billion toward protecting the city against natural disasters caused by climate change.

New York City Mayor Michael Bloomberg announced an ambitious, multi-decade plan that would put $20 billion toward protecting the city against natural disasters caused by climate change.

A recent study shows gender diversity is lacking across all leadership levels within the insurance industry.

A recent study shows gender diversity is lacking across all leadership levels within the insurance industry.