New Jerseys top insurance regulator says he is satisfied with the industrys response to Sandy at this point, noting that the department has received no more than four written complaints from consumers so far.

South Carolina Gov. Nikki Haley today named Ray Farmer as director of the state's insurance department. Farmer is a long-time executive with the American Insurance Association.

South Carolina Gov. Nikki Haley today named Ray Farmer as director of the state's insurance department. Farmer is a long-time executive with the American Insurance Association.

Despite the high winds recorded from Superstorm Sandy, actual wind damage from the storm was surprisingly minor, a report from reinsurance broker Willis Re says.

Superstorm Sandy has shut down the downtown Manhattan offices of New York state insurance regulators, causing a scramble to continue delivering essential services to the public and industry.

In the wake of Superstorm Sandy, Fitch Ratings service released a report saying that even if losses were to reach Katrina proportions, the industry would still be positioned to handle it and post a statutory profit.

Two Bermuda-based carriers released third quarter financial results today with Argo Group reporting improved financial results and Alterra Capital Holdings seeing a drop in net income due partly to crop losses.

Two Bermuda-based carriers released third quarter financial results today with Argo Group reporting improved financial results and Alterra Capital Holdings seeing a drop in net income due partly to crop losses.