The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators in the southeastern United States. If insurance commissioners in …
Commercial insurance premiums fell slightly in the third quarter of this year, representing a continuation of the trends that occurred in the past two quarters, according to the RIMS Benchmark Survey, which surveys current policy renewal prices as reported by …
Southeast regulators united in call for national disaster plan The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators …
Commercial insurance premiums fell slightly in the third quarter of this year, representing a continuation of the trends that occurred in the past two quarters, according to the RIMS Benchmark Survey, which surveys current policy renewal prices as reported by …
Despite an uneventful hurricane season, structural changes in catastrophe coverage are here to stay and will continue to impact capacity and pricing in 2007, according to Ben Beazley, managing director of Chartwell Independent Insurance Brokers. “The catastrophe market is in …
The National Weather Service lifted a tsunami advisory hours before powerful waves damaged docks and tore boats from their moorings in Northern California. Forecasters said they were wary of causing chaos along the coast. “The waves were just small enough …
A strong undersea earthquake south of the Kuril Islands off Japan’s northwest coast, which measured up to 8.1 on the Richter Scale, failed to produce any significant tsunami’s Following the quake, warnings went out across the Pacific, from the Japan …
San Antonio, Texas-base Argonaut Group’s Select Markets segment launched a new program for the retail furniture store marketplace. Highlights of the Retail Furniture Store Insurance Program include property coverage with optional deductible levels and Business Income coverage valued at Actual …
The U.S. Small Business Administration said Tuesday that it has approved more than $5.4 million in disaster loans in the wake of the Oct. 15 earthquake off the Big Island, Hawaii. The loans were made to homeowners, renters and businesses …
Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies and its affiliate MMC Securities Ltd., noted their role as advisors in the completion of a multi-territory, multi-peril catastrophe bond transaction, for the Bermuda-based Catlin Group …
