Insurer Cincinnati Financial Corp. said that its Cincinnati Insurance Cos. expects to post catastrophe losses in the second quarter of $150 million to $200 million.

Reinsurer Endurance Specialty Holdings Ltd. said it expects the April tornadoes that struck several Southern states will results in losses between $45 million and $55 million.

Reinsurer Endurance Specialty Holdings Ltd. said it expects the April tornadoes that struck several Southern states will results in losses between $45 million and $55 million.

Home and auto insurer Allstate is buying Esurance and Answer Financial from White Mountains Insurance for about $1 billion.

Hartford Financial Services Group Inc. said Tuesday that its chief risk officer will retire in the fourth quarter of this year and it is launching a search for a successor.

As water from the swollen Mississippi River poured over a century-old levee Thursday, officials downstream with the Port of New Orleans said the Coast Guard could close the river to ships as early as Monday, halting traffic on one of the world's busiest commercial waterways.

As water from the swollen Mississippi River poured over a century-old levee Thursday, officials downstream with the Port of New Orleans said the Coast Guard could close the river to ships as early as Monday, halting traffic on one of the world's busiest commercial waterways.

Republicans easily swatted down major changes to insurance regulation in a Texas House bill that would keep the current rules and bureaucracy in place.