This newest round of take-outs approved by the state Office of Insurance Regulation is in addition to 310,000 policies the office has approved for depopulation in November and December.

This newest round of take-outs approved by the state Office of Insurance Regulation is in addition to 310,000 policies the office has approved for depopulation in November and December.

The U.S. property practice leader for broker Marsh says Superstorm Sandy will likely drive rate increases as the Jan. 1 renewal season approaches.

Allstate Corp. says it expects $1.08 billion in pretax catastrophe losses for the month of October, primarily due to Superstorm Sandy.

Superstorm Sandy has claimed its share of property and sentimental personal belongingsand in some cases, the damage left in the storms wake has been enough to make grown men cry.

The U.S. property practice leader of broker Marsh says Superstorm Sandy will likely drive rate increases as the Jan. 1 renewals approach.

Allstate Corp. says it expects $1.08 billion in pretax catastrophe losses, mostly from Superstorm Sandy, for the month of October.

Allstate Corp. says it expects $1.08 billion in pretax catastrophe losses, mostly from Superstorm Sandy, for the month of October.