A vast majority of Californians consider it their responsibility to keep their insurance current, but don’t bother to read their homeowners policies each year, a new study has found. More than two-thirds of those surveyed in a statewide poll commissioned …
Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. As has been the case in recent …
A strong earthquake with a preliminary magnitude of 7.4 occurred south of New Zealand on Sunday and there may be a chance of tsunamis, Japanese monitors said. There was no immediate report of injuries, damage or tsunamis. The quake rocked …
For the first time in five years, the state has revised its map showing where earthquakes have shaken Ohio. The Department of Natural Resources says more than 30 quakes have been recorded in and around the state since the last …
A giant tsunami struck Seaside, Ore. last week — at least, a model version of the town, built by researchers at Oregon State University to demonstrate the potentially devastating effects of a real tsunami. “This is sort of a ‘sim’-tsunami,” …
Florida Insurance Commissioner Kevin McCarty touted the need for a comprehensive national plan, and a national catastrophe fund at the National Association of Insurance Commissioners’ (NAIC) Southeast Zone meeting in Mobile, Ala., Monday. Although the focus of the meeting was …
By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the CEA’s statutory funding set to expire next year. The legislation was …
p:By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the CEA’s statutory funding set to expire next year. The legislation was …
Two years have passed since America’s most shocking wake-up call regarding the devastation that follows the force and fury of Mother Nature. Since that time, a variety of legislative proposals have been offered at the state and national levels to …
From the executive office of the Greater New York Mutual Insurance Companies on Madison Avenue in the heart of New York City, Warren Heck, chairman and chief executive officer, can see Illinois. “It’s fantastic, unbelievable. I get very excited when …
