Tropical Storm Carlos strengthened again slightly on Monday as it headed west over the open waters of the Pacific Ocean. Carlos had maximum sustained winds near 65 mph, with tropical storm-force winds extending outward up to 60 miles ... [full story]

The largest earthquake simulation ever performed on a wood building could yield data on how to protect homes and apartments, U.S. and Japanese engineers said. Researchers from Rensselaer Polytechnic Institute, Troy, N.Y., are to participate in the July 14 ... [full story]

OLDWICK, N.J.—The U.S. property/casualty insurance industry's first-quarter net income dropped 87% to $1.2 billion as underwriting losses and investment returns dragged down results, a rating agency said Friday. Net income for commercial lines dropped 52.9% to $1.6 billion in the ... [full story]

Performing well financially in this economic environment is a pretty big success. The past 18 months have been a volatile period for the insurance industry affecting companies in many different ways, according to Ward Group. "Volatility in the investment portfolios, economy ... [full story]