There is strong evidence of a “grand bargain” being agreed to by Congress and the White House by year-end in order to avert a dramatic impact on the economy.
Major insurance companies say Winter Storm Athena hasn't stopped Sandy claims work, yet.
NFIP will likely need to go to Congress for additional borrowing authority to pay claims, insurance industry officials say.
Pennsylvania joined three other East Coast states telling insurers they cannot impose hurricane deductibles for losses suffered from Superstorm Sandy.
Lawyers anticipate battles between insurers and policyholders over business interruptions.
Catatastrophe modeling specialist says superstorm caused between $7 billion and $15 billion in insured losses.
Some connect it to hot topics such as federal risk management, insurers' disaster responses and climate change.
USAA forecasts higher sales among holiday shoppers in a summary of results from the company’s fourth annual holiday spending survey of 1,011 adult consumers.
Catastrophe modeler Eqecat says it expects Hurricane Sandy will cause up to $10 billion in losses for the insurance industry.
Harris Interactive survey finds 52% of middle class Americans believe paying monthly bills is most important daily concern.