The business class continues to evolve with changing property landscape While catastrophe scenarios like earthquakes, mudslides or hurricanes capture most of the headlines, social, economic and investment trends continue to impact habitation, offering excellent opportunities for alert, knowledgeable agents. The …
Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this month in Washington for a national catastrophe fund to help stabilize an insurance industry that some say has gone berserk in coastal areas. The Bush administration …
Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this month in Washington for a national catastrophe fund to help stabilize an insurance industry that some say has gone berserk in coastal areas. The Bush administration …
While catastrophe scenarios like earthquakes, mudslides or hurricanes capture most of the headlines, social, economic and investment trends continue to impact habitation, offering excellent opportunities for alert, knowledgeable agents. The first area to consider is vacant property (dwelling-fire). Long relegated …
The actual costs of future catastrophes and other weather events linked to climate change are unknown but a new U.S. government report warns that both private insurers and the public sector are likely to pay a hefty price. The report …
Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price aggressively to get business, according to the latest Commercial Property/Casualty Market …
Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year. The U.S. property/casualty industry posted a $31.2 billion net gain on …
Swiss Re announced its successful participation in structuring and placing $150 million of securities covering flood and earthquake catastrophic events in Great Britain, Canada and the United States on behalf of Allianz. The reinsurer’s bulletin notes that the multiperil issuance …
Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this week in Washington for a national catastrophe fund to help stabilize an insurance industry that they say has gone berserk in coastal areas. The Bush administration …
Arkansas Insurance Commissioner Julie Benafield Bowman testified before the United States Senate Committee on Commerce, Science and Transportation on April 11 on the overall state of the property/casualty insurance market and its regulatory landscape. Speaking in support of state-based insurance …
