USHT Inc., a managing general agent and surplus lines agency based in Dallas, is now offering a homeowners deductible buy-back policy in Texas. The Texas Homeowners Deductible Buy-Back Policy is a separate policy that is written on a following-form basis …
A report from Munich Re confirms that losses from natural catastrophes “were far lower in 2009 than in 2008 due to the absence on the whole of major catastrophes and a very benign North Atlantic hurricane season.” However, the reinsurer …
The Zurich Financial Services Group announced that it has obtained, through its subsidiaries, Zurich American Insurance Company and Zurich Insurance Company Ltd, a 3-year $225 million catastrophe excess of loss reinsurance protection from Lakeside Re II Ltd. to cover the …
A massive undersea earthquake is long overdue beneath the Mentawai islands in Indonesia and could trigger another deadly tsunami, say scientists mapping one of the world’s most quake-prone zones. Unlike the 2004 Indian Ocean tsunami, which killed around 226,000 people, …
The American Association of Insurance Services (AAIS) has initiated a countrywide filing of a new earthquake rating plan under its Homeowners Program. The earthquake plan, which consists of self-contained manual supplements, is available for use by any homeowners insurer, including …
During a typical year, Jones residents will feel one or two earthquakes. This year there have been 25 since March, and all of them have been felt, according to the Oklahoma Geological Survey. “I can tell you what’s going on, …
Scientists have released updated tsunami maps pinpointing California coasts vulnerable to giant waves generated by an undersea earthquake. Previous hazard maps only covered select coastal communities and focused on flooding risks from locally occurring temblors. The second-generation maps, released Thursday …
It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …
0 The number of Atlantic hurricanes that came ashore the U.S. this past storm season, a season that turned out to be the quietest since 2006. Since June, just nine named storms developed. Only three of them became hurricanes, and …
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. Surety and Fidelity Bonds for Hard-To-Place Clients Market Detail: Gilbert Trujillo Insurance Services offers a …
