The Atlantic hurricane season forecasts are in and they aren’t pretty. All the major forecasters have predicted the season will be much more active than last season. The National Oceanic and Atmospheric Administration (NOAA) expects an “active to extremely active” …
The Atlantic hurricane season forecasts are in and they aren’t pretty. All the major forecasters have predicted the season will be much more active than last season. The National Oceanic and Atmospheric Administration (NOAA) expects an “active to extremely active” …
Republican Meg Whitman will face off against Democrat Jerry Brown in the race for California governor in November. Whitman won the Republican ticket for governor with 64.2 percent of the vote, defeating Insurance Commissioner Steve Poizner who received 26.9 percent …
COPE is generally associated with property underwriting rather than as a risk class-based underwriting acronym. However, the traditional use and definition of COPE can be broadened to highlight the top concerns of underwriters reviewing apartment complexes. Classically, COPE means: Construction, …
Lloyd’s has confirmed that a team has been sent to Chile to “help the market better understand the impact of February’s earthquake and assist in ensuring the speedy payment of valid claims.” The delegation, made up of representatives from the …
The Export Import Bank of the United States announced that over the last two months it has “has approved five medium-term insurance policies through PNC Bank for buyers in Chile, all of which focus on infrastructure development.” The bank’s bulletin …
Aon Benfield has published a new report – “When The Earth Moves: Mega-Earthquakes To Come?” – in conjunction with the Aon Benfield UCL Hazard Research Centre. The report was prompted by the recent earthquake in Chile. It identifies the “Caribbean, …
A $412 million bond measure aimed at improving San Francisco’s earthquake safety and emergency response has passed with about 79 percent of the vote. The San Francisco Department of Elections says Proposition B received more than 79,000 votes. About 21,000 …
Swiss Re is hosting an “Investors Day” Conference in London focused on the current state of the reinsurance market, its future prospects and the potential reguylatory changes affecting capital. The reinsurer said it expects the growth outlook for the reinsurance …
New research by U.S. Geological Survey scientists is casting doubt on the long-held idea that the New Madrid fault zone in Missouri’s Bootheel unleashed a series of devastating earthquakes in 1811 and 1812. In a new study, the researchers say …
