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BOSTON—A hurricane that hit Miami in 1926 would cause an estimated $101 billion insured damage today and be the No. 1 hurricane in insured losse
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ROME—The Italian Civil Protection Department and the World Bank are using experience gained from the response to a deadly earthquake in Italy ea
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NEW YORK—Marsh & McLennan Cos. Inc. will pay $435 million to settle securities and ERISA class actions filed against the brokerage in 2004, New
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MADRID, Spain—Spain's National Commission for Competition has charged six European insurers and reinsurers with fixing prices on construction d
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WASHINGTON—Hammered by huge losses and lower interest rate assumptions, the Pension Benefit Guaranty Corp.’s deficit in fiscal 2009 nearly
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CHICAGO—Fitch Ratings has revised its outlook on the global reinsurance industry to stable from negative.
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The board of Louisiana Citizens Property Insurance Corp. voted unanimously to send an application to the state insurance department asking for an ave
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