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Vertafore, a provider of software and services to the insurance industry, announced that an agreement has been reached for the company to be acquired by investment funds managed by TPG Capital.

The official start date of the Atlantic hurricane season was June 1, but no flood policies have been issued or renewed because the National Flood Insurance Program has expired.

Krystalle Tobin was named chief financial officer for Hamilton, Bermuda-based international specialty insurer Hiscox for its Bermuda business.

Standard & Poor's revised its outlook to negative on Marsh & McLennan Companies after MMC announced a $500 million settlement with the Alaska Retirement Management Board...

OMG announced that ACORD will be participating in a Model Driven Message Interoperability (MDMI) labs project.

Guy Carpenter & Company LLC has released a probabilistic flood model for mainland France that contains new flood maps.

The federal government's $6 billion cut in the crop insurance program last week received a strongly negative response from the association representing the insurers.

Chubb, FM Global and W.R. Berkley Corp. were the strongest financial performers over the last decade, according to a special report of U.S. property and casualty insurers by Fitch Ratings.