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A sizable earthquake in the New Madrid seismic zone, located in the central U.S., could cause $300 billion in direct economic losses from the immediate states impacted, according to a recent report.

One catastrophe risk management firm said there is more than a 40 percent chance that by the end of August, at least a tropical storm will pass over

Tropical storm Alex became the first hurricane of the 2010 Atlantic hurricane season late yesterday and has halted about 25 percent of crude oil production in the Gulf of Mexico and 9 percent of natural-gas output.

The only sites I currently use are LinkedIn and Plaxo.

Requirements tied to American International Group's bailout could prevent the company from recovering money

Willis Re, the reinsurance arm of the global insurance broker Willis Group Holdings, has appointed James Byng as resource group leader for its international and specialty reinsurance business, the company announced.

Although reinsurance prices were down for the June 1 renewals, one reinsurance executive recently speculated that price hikes in the insurance loss warranty (ILW) market

Tropical Storm Alex was strengthening in the Gulf of Mexico on Tuesday and has caused the evacuation of a number of oil production facilities.