The U.S. has experienced a record-high 25 disasters this year that have generated at least $1 billion in damages each.

Philanthropic insurance news from National Council on Compensation Insurance, Main Street America Insurance NFP.

Many policyholders would find even a short ALE extension meaningful, the state insurance commissioner said.

Insurance industry news from Canopius Group, WTW, Coalition and more.

Victims were left without coverage and one policyholder suffered a $1 million loss during the period.

The Swiss Re Global Cat Bond Performance Index is up 18%, while the Bloomberg U.S. Treasury Index has dropped about 1%.

Plaintiffs are waiting to find out whether a judge will allow them to combine 78 lawsuits that claim Allstate unlawfully reduced coverage.

The Florida insurance regulator has approved endorsement forms from at least eight property insurers.