More than a decade ago, Steven A. Rosenthal was on the front lines of the aftermath of the Exxon Valdez spill, calculating losses from nearly 30,000 individual insurance claims. Now, from his office in San Francisco, Calif., Rosenthal sees both similarities and differences in the Deepwater Horizon spill plaguing the Gulf of Mexico.

The annual hurricane season begins today (June 1), with forecasts for more storm activity than in the years since Hurricane Katrina battered the Gulf Coast.

A federal jury in Washington state has issued a $19.3 million verdict against three individuals and their company for pocketing millions of dollars owed to financially troubled insurance company Cascade National.

Unable to reach consensus on either a short- or long-term extension on the National Flood Insurance Program (NFIP), legislators in Washington, D.C., will let the federal program lapse as of the first day of the hurricane season.

A bill prohibiting insurance companies from dropping or not renewing both homeowners and commercial clients who file claims over Chinese drywall will now move to the full Louisiana House of Representatives.

For the second time in two months, a Louisiana senator has lost his bid to extend the National Flood Insurance Program through a standalone bill and not a comprehensive reform package.

Touting the nearly $3 billion federal anti-fraud efforts brought into federal coffers last year, government officials say the Patient Protection and Affordable Care Act will do even more to assist in fighting additional fraud and waste.

After less than two years on the job, the head of the Nevada Division of Insurance has resigned from that post.

With the cost of containment and cleanup of a massive oil spill in the Gulf of Mexico rising into the billions of dollars every day, the financial impact for oil company BP will be limited because of its insurance coverage.

After touting the numerous benefits of acquiring HomeWise Holdings last month, Florida-based 21st Century Holding Co. has announced that both sides have called off a planned merger.