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Karen Clark & Company, which specializes in catastrophic risk, modeling, and using models to manage risk, has announced the launch of RiskRover, a new software product that helps insurance companies

Jack Nicholson, chief operating officer for the state fund, said yesterday, prior to a briefing session with the State Senate Ways and Means Committee, that the fund under legislation approved last

The Florida Hurricane Catastrophe Fund, a key reinsurance provider, has a shortfall of $18.5 billion, which could pose problems for some of the state's recent insurance startups, state officials

WASHINGTON--Treasury Secretary Timothy Geithner is expected to announce that 12 insurance companies with life operations have been approved for government assistance under the Capital Purchase Program

In a conference call Friday, Hartford Chief Financial Officer Lizabeth H. Zlatkus said the company requested "AG39 relief from our year-end reserve calculation from the Connecticut Department of

Wildfires in Australia that have claimed 166 lives and could unofficially cost more than Australian $500 million (U.S. $340 million) in insured losses according to one report, but the nation's

"Increasing numbers of agents and brokers are leveraging real-time technology tools to handle policy rating and sales, manage customer inquiries, and deliver service," the group noted in an

A provision in New York Governor David Paterson's Deficit Reduction Plan to increase assessments by $180 million on all insurers, and additional amounts for health insurers, has drawn criticism from