Outgoing California Insurance Commissioner John Garamendi said “California is not prepared for the financial consequences of a major disaster” and...
Earthquakes News
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...
Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry...
The third small earthquake in four days rattled the San Francisco Bay Area last Saturday, but there were no immediate...
Two minor earthquakes shook central Oklahoma, rattling nerves but causing no serious damage or injuries, authorities said. The quakes were...
Arkansas’ new emergency operations center was dedicated last week and the building is expected to be completed in May. Arkansas...
More than $25 million in disaster relief has been distributed to 2,000 families and individuals since two earthquakes rattled the...
Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing...