Earthquakes News

UPDATE: Java Quake Toll Passes 4900; 200,000 Homeless

More than 4900 people have now been confirmed dead following the massive earthquake that hit the Indonesia Island of Java on Saturday, May 27, around 6:00 in the morning local time. More than 20,000 have been injured, and an estimated …

Wholesale Purchases Homeowners Business from Swett & Crawford

Wholesale Connection Insurance Services has announced that it has purchased a book of homeowners business from Swett & Crawford. In conjunction, Chris Nitz and Yul Hur have joined WCIS. Both previously handled the program at Swett & Crawford. The homeowners …

Liberty Mutual Distributes Disaster Guides Nationwide

The 2006 hurricane season begins in one week, and homeowners from Corpus Christi to Coral Gables to Cape Cod hopefully are heeding the advice of government officials, disaster relief organizations, and insurers by taking actions to protect their homes and …

Arkansans Urged to Prepare Now for Possible Earthquake

The time for Arkansans to prepare for an earthquake is now, federal and state emergency officials say. The United States Geological Survey considers Arkansas among the states with a “high earthquake risk” because of activity in the New Madrid fault …

Editor’s Note: Your Space

In teenage land, the Internet is hardly foreign. Ask any 14-year-old today — they likely know all the ins and outs of using the Web to research school projects, as well as how to make friends all around the world …

Avian Flu and the Property Casualty Industry

Insurance buyers are taking a close look at their insurance and risk management programs, looking for possible financial recourse in the event of an outbreak. It is therefore worthwhile to examine each line of coverage in order to properly evaluate …

Your Space

In teenage land, the Internet is hardly foreign. Ask any 14-year-old today — they likely know all the ins and outs of using the Web to research school projects, as well as how to make friends all around the world …

Re-modeling the models that evaluate risk

“In the past two years, natural disasters have reached an unprecedented frequency and intensity spreading chaos and misery, and leaving countless crumbled, tattered and water-logged properties in their wake. Likewise, the number of people affected by nature’s fury in the …

Avian Flu and the Property/Casualty Industry

Thanks to numerous avian flu articles, books, and even a television movie, the effects of a pandemic outbreak on the insurance industry have not gone unnoticed. However, while there is apparent agreement that there would be serious ramifications for the …

S&P Rates Mexican Quake Cat Bond Managed by Swiss Re ‘BB+’

Standard & Poor’s Ratings Services announced that it has assigned its “BB+” credit ratings to the $160 million class A and B principal-at-risk notes issued by CAT-Mex Ltd. “The transaction, which was sponsored by the Mexican government to finance rescue …