Bermuda, preparing for the worst, lucked out when Hurricane Igor's wallop was not as strong as anticipated.

Mississippi Insurance Commissioner Mike Chaney said he will not approve Allstate's proposed 44 percent average statewide homeowners rate increase without a court order.

A wildfire earlier this month in Colorado is now said to be the most expensive in the state's history, causing more than $200 million in insured losses.

Modeler AIR Worldwide said insured losses from Hurricane Karl, which struck Mexico twice last week, will be in the range of $100 million to $200 million.

A wildfire earlier this month in Colorado is now said to be the most expensive in the state's history, causing more than $200 million in insured losses.

Mississippi Insurance Commissioner Mike Chaney said he will not approve Allstate's proposed 44 percent average statewide homeowners rate increase without a court order.

Hurricane Igor passed Bermuda late Sunday into early Monday as a large Category 1 storm, with winds continuing, just above the hurricane threshold, according to modelers.

Liberty Mutual Agency Corp. expects to raise about $1.2 billion through an initial public offering, according to a filing with the U.S. Securities and Exchange Commission.