Earthquakes News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Roofers Market Detail: Leo Risk Services, a regional wholesale broker, has markets for roofing contractors …

Recent Oklahoma Earthquake Among Strongest in State

One of the strongest earthquakes recorded in Oklahoma rattled parts of five states on October 13 and left two people with minor injuries. The earthquake struck at 9:06 a.m. about six miles east of Norman in Cleveland County, sharply shaking …

Earthquake Rattles Parts of Oklahoma

An earthquake has rattled parts of central Oklahoma and was felt as far away as southern Kansas. There are no reports of damage or injury. Geophysicist Don Blakeman with the National Earthquake Information Center said the earthquake struck at 9:06 …

Best Affirms Aspen’s ‘A’ Ratings; Outlook Stable

A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Bermuda-based Aspen Insurance Limited (AIL). Best also affirmed the …

U.S. Avoids Major Landfall So Far in Active Hurricane Season

The 2010 Atlantic hurricane season has been very active in the number of storms but is likely to go down as a non-event for most people in the United States, which has so far dodged a major landfall, the top …

S&P Raises AFG’s Subsidiaries Ratings to ‘A+’; Outlook Stable

Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on American Financial Group’s (AFG) core insurance subsidiaries to ‘A+’ from ‘A’. S&P also raised its counterparty credit rating on American Financial Group to ‘BBB+’ from …

S&P Analysis Finds Insurance Could Spur Climate Change Investments

Climate change commentators have often spoken of capital markets as a source of funding, but many hurdles have to be overcome before institutional investors will allocate money to environmental projects in developing countries, according to Standard & Poor’s. There is …

Aon Benfield’s Monthly Cat Report Highlights Tropical Cyclones, NZ Quake

Nevada To Expand Earthquake Lab

A new $12.2 million federal grant will allow the University of Nevada, Reno, to more than double the size of its earthquake research center, making it the largest quake simulation facility in the country, school officials said. Construction of a …

Business Moves

Markel, Hiscox Insurer Markel acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction includes the rights to the American Live Stock and Harding & Harding …