Insurers aided by fewer disasters
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Axa and Allianz both announce rising profits, boosted by fewer natural disasters and rising stock markets.
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BUENOS AIRES, Argentina  - Natural disasters will  cost insurers a record $35 billion this year, after hurricanes  lashed the Caribbean and southeastern United States and a  record 10 typhoons soaked Japan in events seen as linked to  global warming, climate experts said on Wednesday.
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You may not be able to stop disaster from striking, but you can keep it from devastating your finances.
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A growing number of insurance companies are adding high windstorm damage deductibles to homeowner policies.
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The string of hurricanes that struck Florida and other states has begun to wash away profit projections made by some Cincinnati-based insurance companies.
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The decline of passive retirement planning is not so much a problem as an opportunity.
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Major reinsurers will face new costs after the catastrophe caused by the tsunamis in southern Asia, though experts say the financial impact is likely to less than that of other disasters this year.
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Losses to insurers from natural disasters nearly doubled this year to just below $30 billion globally after an unusually quiet 2006, a leading reinsurer said Thursday, from winter storms in Europe, flooding in Britain and wildfires in the U.S.
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Natural disasters often provoke sharp stock market declines where they occur. But the Asian tsunami had negligible impact on industrial capacity.
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Hurricane Frances is expected to be  less costly for insurers than feared, though high winds and  flooding generated billions of dollars in damage in Florida and  brought the state to a virtual standstill during a three-day  holiday weekend.
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Insurance companies played the largest role in compensating people and businesses hurt by the Sept. 11 attacks, paying slightly more than half of the $38.
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(WASHINGTON) - States that regularly face hurricanes or other natural disasters may be a little better off when it comes to handling one terrorism threat.
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Homeowner coverage is no catchall. Check yours before disaster strikes
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Local communities are often better at dealing with the effects of natural disasters than international aid agencies, a new report says.
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Less than three years after Maryland began subsidizing medical malpractice insurance premiums for doctors, the state's leading malpractice insurer is reducing rates and offering doctors a rebate.
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WASHINGTON A study finds vehicles equipped with stability control systems are less likely to be involved in fatal crashes. The Insurance Institute for Highway Safety says the systems, which automatically apply
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When estimates for insured damages from Hurricane Ivan dropped from $20 billion to between $4 and $10 billion, insurance stocks staged a modest rally.