Earthquakes News

Swiss Re Urges Private-Public Partnerships to Tackle Climate Adaptation

According to a new report from Swiss Re,” new forms of private-public partnerships are required to anticipate and respond to the risks related to climate change.” The Group’s Chairman Peter Forstmoser presented the conclusions at the International Disaster and Risk …

Obtaining Optimal Catastrophe Coverage

The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions that will help them …

Japan: Risk and Rewards

In Japan, agencies write 93 percent of P/C insurance. The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of Finrex Japan and Rie Hidaka of …

Figures

50% – 70% Reliable estimates reveal that between 50 to 70 percent of homeowners do not have enough insurance to rebuild their homes in the event it is completely destroyed, insurance industry trade group Southwestern Insurance Information Service (SIIS) says. …

Obtaining Optimal Catastrophe Coverage

The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions that will help them …

By Robert Jablon

California Orders Allstate to Cut Home Insurance Rates 28.5% Allstate Corp. has been ordered to cut its California homeowner insurance rates by more than 25 percent, a move that will save consumers an estimated $255 million a year, state Insurance …

Obtaining Optimal Catastrophe Coverage

The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. The savvy wholesale broker keeps tabs on which surplus lines insurers have the appropriate capacity for In the midst of hurricane season, …

New Markets

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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …

Golden Eagle Offers Farm Business Coverage in California

Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, announced the introduction of its farm line of business (ISO Division Four) on Commercial IQ, its web-based application for quoting and application submission. The company said its farm appetite is …

Earthquake Expert Warns of Economic Damage

From cracked oil and natural gas pipelines to contaminated public water supplies, the nation’s economy could be the biggest casualty of the next major Midwest earthquake, an earthquake expert warned. Geologic engineering professor Dave Rogers of Missouri University of Science …