E&S/Specialty

Businesses in New York and New Jersey that were preparing insurance claims for losses from Superstorm Sandy now have a second headache: how to deal with new losses from an early winter snow storm.

(UPDATED PICS) Superstorm Sandy is heavy on the shoulders, and on the heart.

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.

Hot and dry conditions in parts of middle America deepened an ongoing drought in many states over the last week, according to a climatology report issued Thursday.

In the wake of the election, property and casualty insurance-industry officials promised to work constructively with President Obama, his administration and Congress to protect and advance industry interests over the next four years.

Aon Risk Solutions is now providing asolutionfor businesses affected by flooding caused by Superstorm Sandy.