Earthquakes News

Guy Carp Issues Annual Cat Report; Rates Down by 6%

Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes Market.” The report covers 23 countries and four regions, representing more than 90 …

Calif. Bill to Lower Industry Support for Earthquake Coverage

California homeowners who buy earthquake insurance through the state-run California Earthquake Authority (CEA) could see their premiums rise under a bill that passed an Assembly committee over opposition from the state treasurer and consumer advocates. When the California Earthquake Authority …

My New Markets

Technology E&O Nuts & Bolts: International Excess Agency Inc. is offering technology errors and omission coverage that combines tech E&O with network security, media and advertising and miscellaneous professional liability coverages. Coverage includes: E&O cover for both technology products and …

My New Markets

Technology E&O Nuts & Bolts: International Excess Agency Inc. is offering technology errors and omission coverage that combines tech E&O with network security, media and advertising and miscellaneous professional liability coverages. Coverage includes: E&O cover for both technology products and …

Strongwood Launches Program for Calif. Apartment Association

Monterey, Calif.-based Strongwood Insurance Holdings Corp, in partnership with the California Apartment Association (CAA), has developed an insurance program for CAA’s 20,000 members The CAA Value Insurance Plan is endorsed by the CAA, with member sales and service provided by …

La.: Hurricanes did $100B in Damage; State Short $34B to Cover Losses

Hurricanes Katrina and Rita were a $100 billion blow to Louisiana buildings and infrastructure, and federal aid and insurance payments fall about $34 billion short of making up for the losses, a state agency says. The $100 billion estimate, in …

Caribbean Insurance Pool Not Affected by Hurricane Dean

Hurricane Dean will not trigger an insurance pool set up this year by Caribbean countries and the World Bank that provides emergency cash to islands in case of natural disaster, officials said this week. The hurricane, which killed at least …

Agent maestro conducts instrument insurance program

The string bass with vintage 1860 wood that was purchased in London began to fall apart a month after it was relocated to New England. Another casualty of climate change? Sort of. According to Peter Anderson, an insurance agent who …

My New Markets

Youth recreation programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, directors and officers, child abduction, special events, professional liability, property, key employee replacement, auto, crime, …

Agent maestro conducts instrument insurance program

The string bass with vintage 1860 wood that was purchased in London began to fall apart a month after it was relocated to New England. Another casualty of climate change? Sort of. According to Peter Anderson, an agent who specializes …