Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be, whether private donors or insurers will provide most of it, and how long it might take to distribute.
Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be, whether private donors or insurers will provide most of it, and how long it might take to distribute.
American International Group Inc will sell nearly all of aircraft leasing business ILFC to a Chinese consortium for up to $4.8 billion, in a deal that gives the fastest growing aviation market easier and cheaper access to planes.
New York Governor Andrew Cuomo imposes emergency regulations on insurers to speed the processing of Sandy claims, but an industry representative calls the rules "heavy handed" and says no other states have seen fit to take similar actions.
Businesses in New York and New Jersey that were preparing insurance claims for losses from Superstorm Sandy now have a second headache: how to deal with new losses from an early winter snow storm.
As Hurricane Sandy makes its way toward the eastern seaboard of the United States, disaster experts and meteorologists warn that the mid-Atlantic and Northeastern states face dangerous winds and heavy rains that could trigger flooding in the coming days.
Travelers Cos Inc posted a record quarterly operating profit as prices rose and losses from natural disasters fell sharply, the property insurance company said on Thursday.
California is turning into a battleground for technology that allows auto insurers to track their customers' driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences.
California is turning into a battleground for technology that allows auto insurers to track their customers' driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences.
As Knight Capital Group Inc struggles for survival after massive trading losses it said were caused by bad software, there seems to be little chance it can rely on insurance to save the day.