Gerry Bell, NOAA's lead seasonal hurricane forecaster, said that warmer than normal sea surface temperatures are once again evident, just as they have been since the current active Atlantic hurricane

The lawsuit, filed in U.S. District Court for the Eastern District of Louisiana in New Orleans, claims the Chicago-based insurer has paid only $4 million of property damage and business interruption l

The lawsuit, filed in U.S. District Court for the Eastern District of Louisiana in New Orleans, claims the Chicago-based insurer has paid only $4 million of property damage and business interruption l

"Margins were essentially in line and premium growth was the blockbuster--up about 30 percent gross and net versus our estimates at essentially flat," wrote Morgan Stanley property-casualty insurance a

St. Johns began writing homeowners policies in the beginning of 2004 and was quickly hit with losses from two years of record hurricane events. "While not a desirable start for any business, we were v

The Florida Financial Services Commission (FSC), consisting of Gov. Jeb Bush and cabinet members, gave preliminary approval Tuesday for the OIR to activate a standby commercial property and casualty J

The New York-based carrier reported $151 million in net income, compared with $127.6 million for the comparable 2005 period. The specialty property business reported a 73 percent rise in operating inc

In its report following the July 1 renewal season, London-based Willis Re said that its previously described "tale of two markets" continues. Softening pricing in many lines contrasts sharply with pro