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Insurance catastrophe data aggregator Zurich-based PERILS AG was incorrectly described as a catastrophe modeler, in a report on windstorm Klaus losses.

Florida Chief Financial Officer Alex Sink, whose Department of Financial Services includes workers' compensation, insurance consumer advocate and insurance fraud, announced today she is running for governor.

The upgrade of The Hanover Group last week was positive news for U.S. insurers and good news for buyers, Assistant Managing Editor Caroline McDonald observed in her blog today at www.NoRiskZone.com .

A New York research group announced that a study has found banks with some insurance activity had 2008 median net income nearly 70 percent higher than banks without insurance involvement.

American International Group Chairman and Chief Executive Officer Edward Liddy told a congressional panel today he hopes AIG can repay all money owed the government within three-to-five years.

The virus could be potentially devastating to U.S. businesses--not just your clients, but your own business

The piracy incident should alert insurance agents and brokers to the larger and growing risks of kidnapping and ransom (K&R) and extortion

Spencer Educational Foundation Inc., affiliated with the Risk and Insurance Management Society Inc. in New York, said today it appointed Warren J. Mula to its board of directors.