Chile’s government said Thursday that the death toll from a massive weekend earthquake and ensuing tsunamis was unclear because of confusion over the number of people who disappeared and whether they were dead. The government said it had formally identified …
Based on preliminary analysis, Fitch Ratings said it believes that the Chilean P/C insurance industry “will likely be able to absorb losses from the earthquake and Tsunami that hit the central-south part of Chile on Feb. 27.” However, Fitch added …
Catastrophe risk modeling firms AIR Worldwide and EQECAT have both issued bulletins analyzing the magnitude 6.4 earthquake that struck south central Taiwan Thursday morning at 8:20 a.m. local time. AIR noted that the epicenter “was located about 40 km (25 …
State Farm will offer discounts in Mississippi beginning May 1 for homes and rental property strengthened against wind damage. Insurance Commissioner Mike Chaney told The Sun Herald that he approved State Farm’s plan to offer the mitigation discounts. They will …
According to catastrophe risk modeling firm AIR Worldwide, a more complete picture of damages is beginning to emerge in the hardest-hit regions of Bio Bio and Maule, four days after the devastating Mw8.8 earthquake struck off of Chile’s central coast. …
A fire that started in an unoccupied oceanfront hotel was fanned by hurricane-force winds and spread to several nearby buildings, engulfing and destroying an entire block of businesses on a stretch of Hampton Beach popular with summer tourists. No injuries …
Chilean rescue crews fanned out with sniffer dogs Wednesday around quake-ravaged cities and villages, some still hoping to find survivors and others to begin the daunting task of recovering the bodies buried under mountains of rubble. Four days after the …
Why was he death toll over 200,000 when an earthquake struck Haiti, while so far less than 1000 people have died from the one that struck Chile, which was approximately 500 times more powerful? One of the answers lies in …
Catastrophe risk modeling firm AIR Worldwide has estimated that insured losses in France, Belgium, Germany, and Netherlands from winter storm Xynthia will be between €1.5 billion and €3 billion [$2 to $4.1 billion]. The storm struck the Atlantic coast of …
U.S. Sen. David Vitter of Louisiana wants to stop the Federal Emergency Management Agency from updating flood maps around communities working to fix levees found to be deficient. Vitter said many areas in Louisiana could face a steep rise in …
