Insurers are already gearing up for a storm they call Sandy, which appears set to dampen the East Coast.

Chubb Corp. reports a jump in third-quarter net income of nearly 80 percent, as the company benefited from a significant drop in catastrophe losses compared to the same period last year.

On the heels of Meadowbrook Insurance Groups announcement that it was adding $31 million to its reserves, rating agency A.M. Best Co. says it has placed the insurer under review with negative implications.

Aspen Insurance Holdings says its third-quarter profit skyrocketed on lower catastrophe losses and favorable reserve development.

Ace CEO Evan Greenberg says the nations debt is choking the economy, and called on U.S. politicians to exhibit real leadership.

Berkshire Hathaway CEO Warren Buffett says the world's economic situation is volatile, but he remains positive.

Outgoing Willis Group CEO Joe Plumeri says matters that have haunted the brokers past earnings are out the door, and the company is free of costly, distracting issues.

Ace Ltd. says it reversed a third-quarter loss a year ago by turning a profit of $640 million during the same period this year, despite booking a $97 million after-tax loss in its crop insurance segment.