With elevated hurricane activity predicted over the next 15 to 20 years, insurers took advantage of last year’s respite to...
Earthquakes News
P/C industry posts $24.4 billion net gain on underwriting in first three quarters of 2006 Driven by a sharp decline...
The Earth isn’t flat “It’s not that they’re bad investigators or there’s been any conspiracy to promulgate erroneous conclusions —...
News Currents Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S....
U.S. Representatives Ginny Brown-Waite (FL) and Vern Buchanan (FL) today introduced the Homeowners’ Insurance Protection Act of 2007, a comprehensive...
Cape Girardeau County, Mo. government buildings have been insured against a terrorist attack, ensuring that taxpayers won’t be stuck with...
Outgoing California Insurance Commissioner John Garamendi said “California is not prepared for the financial consequences of a major disaster” and...
While recognizing that economic losses from natural catastrophes were considerably lower in 2006 than in 2005, Munich Re warned the...
Munich Re isn’t the only major insurance organization to express the industry’s collective sigh of relief as the year 2006...
France’s SCOR group noted that it has successfully sponsored a new catastrophe bond. The French reinsurer entered into a multi-year...