Karen Clark changed the way insurance companies look at their risks when she developed the first catastrophe model. Today, she is releasing another product she says will revolutionize the way companies manage risk.

Karen Clark changed the way insurance companies look at their risks when she developed the first catastrophe model. Today, she is releasing another product she says will revolutionize the way companies manage risk.

Allied World Assurance Company Holdings says it expects $40 million of crop reinsurance losses and expenses for the third quarter.

Consumers will be able to visit an Allstate agent in the Boston area for the first time in a generation as the insurer looks to expand its presence in Massachusettsa result of state's changing regulatory environment.

Consumers will be able to visit an Allstate agent in the Boston area for the first time in a generation as the insurer looks to expand its presence in Massachusettsa result of state's changing regulatory environment.

An insurer has sued the owner of one of the rarest and fastest sports cars in the world after it ended up in a Texas lagoon.

An insurer has sued the owner of one of the rarest and fastest sports cars in the world after it ended up in a Texas lagoon.

Residents in Florida who have a homeowners policy with the states residual insurer can expect to pay an average 10.8 percent more for insurance at the start of the year.