Average rate increases for commercial and personal insurance lines continued their upward push through August rising an additional point over the prior month, says MarketScout.

It was the storm no one thoughtor no one rememberedcould happen.

AIR says the estimate of between $700 million and $2 billion includes insured losses from damage residential, auto, commercial and industrial properties and contents as well as additional living expenses and business interruption-related losses.

Less than one year after its unsuccessful pursuit of Transatlantic Holdings, Validus Holdings says it reached an agreement to buy Flagstone Reinsurance Holdings for about $623 million in cash and stock.

Less than one year after its unsuccessful pursuit of Transatlantic Holdings, Validus Holdings says it reached an agreement to buy Flagstone Reinsurance Holdings for about $623 million in cash and stock.

A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume.

Tom Gallagher recounts the damage Hurricane Andrew inflicted and an industry forever changed.

The head of Louisianas last-resort insurer says the claims generated by Hurricane Isaac will determine if it has enough funds to fulfill all of its obligations.