Hurricane Irene appears to have a better chance of cracking a list of the top ten costliest U.S. hurricanes after a big increase in estimated losses was released from Property Claims Services (PCS).
With the help of William Shatner, State Farm uses a bit of humor to get across its message: Please be careful when frying your turkey this holiday season.
Starr International Co., run by former American International Group Inc. CEO Maurice Hank Greenberg, has filed a lawsuit against the United States, claiming the government violated the Constitution when it took majority ownership of AIG without compensating the companys shareholders.
Transatlantic Holdings is to become an independent subsidiary of property and liability insurer Alleghany Corp. under the terms of an agreement valuing Transatlantic at about $3.4 billion.
Leadership in Florida seems committed to shrinking the size of the states exposures to a major hurricane, says Robert Hartwig, president of the Insurance Information Institute.