Another massive earthquake could strike the Hawaiian isles at any time, but last weekend’s 6.7 magnitude tremor does not signal an increase in ground-shaking activity, researchers said. Hawaii is always vulnerable to earthquakes, and temblors above 6.0 magnitude occur about …
Indianapolis-based Baldwin & Lyons, Inc. announced that its subsidiary, Protective Insurance Company, has entered into an agreement with newly formed Paladin Catastrophe Management to produce property catastrophe reinsurance in the United States. Paladin Catastrophe Management will solicit and underwrite selected …
Officials began inspecting bridges and roads across Hawaii yesterday, following the strongest earthquake to rattle the islands in more than two decades, a 6.6-magnitude quake that caused blackouts and landslides but no reported fatalities on Sunday, Oct. 15. At least …
The island of Hawaii, Hawaii, felt temblors from a 6.7 magnitude earthquake on Sunday, according to the National Earthquake Center of the U.S. Geological Survey. According to reports shortly after the quake, there were widespread power blackouts and landslides, but …
Peak hurricane season has arrived. Despite this season’s slow start, people who live along the coast are constantly aware that the next big storm could take shape at any time. This year, however, everyone is also looking back at one …
Peak hurricane season has arrived. Despite this season’s slow start, people who live along the coast are constantly aware that the next big storm could take shape at any time. This year, however, everyone is also looking back at one …
The Bermuda-based Catlin Group Limited, an international specialty P/C insurer and reinsurer, announced that an operating subsidiary, Catlin Insurance Company Ltd. of Bermuda, “intends, subject to completion of contractual arrangements, to enter a catastrophe swap agreement that would provide it …
French investment bank Calyon has placed a $63 million securitization for the Pinnacle Risk Management Group as part of a $128 million program. The Cat Bonds and insurance-linked derivatives cover a selection of U.S. windstorm and earthquake risks. The Paris-based …
Mercator Risk Services, a wholesale insurance broker with offices in Atlanta, Chicago, and New York, has appointed David Novak as senior vice president of the West Coast Property Practice, to be based in San Francisco. “With the expansion of our …
Peak hurricane season has arrived. Despite this season’s slow start, people who live along the coast are constantly aware that the next big storm could take shape at any time. This year, however, all of us are also looking back …
