Weather Risk

A federal judge in New York agreed Wednesday to decide the lawsuit by Lloyds seeking to be released from liability for earthquake damage in Oklahoma blamed on fracking.

Catastrophe-bond issuance slipped to its lowest level since 2011 over the past year as the securities outperformed the S&P 500 Index, according to insurance broker Aon.

Insurers' claims departments will end up with fewer employees as new tools and technology will handle most of the reporting, inspecting and adjusting.

Hurricane Newton is raking the popular resort of Cabo San Lucas with high winds and heavy rains as it drifts across the Mexico state of Baja.

As Louisiana continues to recover from its latest major flood, insurance agents count their own losses as they assist clients.

Insured losses from Hermine will likely approach $500 million, with total economic damages close to $1 billion, according to an early estimate from Karen Clark & Company.