eruption of the volcano with molten lava

Insurance Coverage Basics for Volcano Claims

Damage caused to property by lava flow, which recently started to move again on Hawaii’s Big Island, is covered under a homeowners, renters or business insurance policy, according to the Insurance ...
Hedge Fund Charged

SEC Seeking to Dole Out $600M-Plus SAC Settlement

The U.S. Securities and Exchange Commission wants to make its $602 million settlement with SAC Capital Advisors hedge fund available to people who say they are victims of illicit trading by a former ...
Court Gavel And Money

Litigation Trifecta Keeps Insurers Busy

Suits related to violations of the Telephone Consumer Protection Act (TCPA), cyber breaches and concussions remain at the top as far as litigation trends go, according to ...

Fiery Gold Background

Space Station Supply Rocket Was Insured for $50M

Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and ...
Compliance, Market Conduct, regulation

Top 10 Market Conduct Issues for P/C Insurers

A review of state insurance regulators’ examinations of U.S. property/casualty insurers shows that claims-handling, underwriting and producer requirements continue to be the top criticisms. ...
Yachts that have broken way from their moorings sit on a rock in Hamilton Harbor after Hurricane Gonzalo hit the island in Hamilton, Bermuda,  Saturday Oct. 18, 2014. The storm's center crossed over Bermuda Friday night.(AP Photo/David Skinner)

Hurricane Gonzalo Insured Loss Estimates Coming In

No question about it: Hurricane Gonzalo did some big-time damage when it hit Bermuda on Oct. 17. Two catastrophe-modeling firms are already estimating that insured losses will be substantial. EQECAT ...