$60 Million The estimated insured loses caused by violent weather that struck Georgia on April 10, according to Insurance and Safety Fire Commissioner John W. Oxendine. The storms caused damage in the metro Atlanta area, Burke, Chattooga, Crisp, Floyd, Franklin, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and the debt ratings of …
The Insurance Industry Charitable Foundation will be hosting its 16th Annual Western Division Gala Dinner at 6:30-10:30 p.m., May 16 at the Four Seasons Hotel in San Francisco for professionals in the insurance industry. The event will honor James Woods, …
New Hampshire’s state geologist says a small earthquake recorded in the Lakes Region is the most recent in a long line of seismic activity. The U.S. Geological Survey reported that a quake with a Magnitude of 2.1 was detected on …
Three small earthquakes rattled California’s Orange County area over a period of less than four hours on April 23. No damage was immediately reported. A separate, small temblor shook the area on April 24. The first quake, with a magnitude …
As the world grapples with the worst economic downturn in decades and the possibility of a flu pandemic, a growing body of research suggests the complexity of the modern global economy may make us more vulnerable than ever to catastrophe. …
It is always interesting, and frequently amusing, to read various “research” pieces on the Florida property insurance market. While I, like every other insurance regulator, industry professional and observer in the world, agree that the Florida property insurance market provides …
As the peak tornado season rapidly approaches in May, Risk Management Solutions (RMS), a provider of products and services for catastrophe risk management, has released a special report analyzing the impact of the 2008 U.S. severe convective storm season. Last …
Officials say a strong earthquake shook parts of Hawaii’s Big Island but no damage has been reported. U.S. Geological Survey’s Hawaiian Volcano Observatory says a temblor with a magnitude of 5.0 struck Tuesday, April 14, 2009, at 12:44 p.m. local …
Like many Californians who put down roots in earthquake country, Robin Rudisill knows the “Big One” could strike without warning. Yet from her Venice beachfront duplex, Rudisill worries about a different massive blow from Mother Nature — a tsunami. Her …
