The predicted path of Hurricane Irene has shifted west, which is not a favorable development for New York City.

Berkshire Hathaways auto insurance company, Geico, has filed suit against numerous doctors and medical facilities in New York over alleged fraudulent claims submitted to the insurer.

Hurricane Irene winds have picked up enough to reach major hurricane status this morning, as the predicted storm track continues to move east.

Hurricane Irene winds have picked up enough to reach major hurricane status this morning, as the predicted storm track continues to move east.

The Association of British Insurers (ABI) says it expects insured losses of more than 200 million pounds (about $328 million) from claims connected to the rioting and looting in London and other cities recently.

Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.

Several years ago, Community Health Systems (CHS) Professional Service Corp. initiated a pilot program to improve employee safety at a hospital in Watsonville, Calif. The loss history at this facility was, to put it bluntly, not good.

Weather losses continue to be a factor in companies second-quarter results, but the ultimate impact on net income varies depending on the size of the company and the lines written.