Rockhill Insurance Company announced its recent acquisition of National Environmental Coverage Corporation (NECC), a company that underwrites environmental insurance coverage. The Rockhill Group is a Kansas City-based insurance conglomerate offering general liability, umbrella, property, earthquake and workers’ compensation insurance. NECC, …
China has issued safety guidelines for new schools to be built in areas hit by a devastating earthquake amid widespread anger over poorly constructed schools that collapsed during the May temblor, killing many children. The Education Ministry issued the guidelines …
Republican Presidential Nominee Opposes Idea that Remains Popular with Many Gulf Coast Voters A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a …
A small earthquake jolted Mississippi County, Ark., early on July 5, causing no reported damage. The magnitude 2.7 temblor struck about one mile southeast of the small city of Dell along Arkansas 18. The United States Geological Survey says the …
Navigating the Field of Conflicting Views Consider the following scenario: An earthquake, tornado, flood or similar natural catastrophe causes significant structural damage to an insured’s home. Although the building is still standing, the structural engineers conclude that the structural integrity …
A Glimpse into Japan’s Property and Casualty Market 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 Swiss …
American E&S Insurance Brokers’ San Francisco branch appointed Chip Stewart a broker. Stewart is an industry veteran with more than 20 years experience. Most recently, he was with Swett & Crawford, where he spent the past 11 years. His book …
Swiss Re announced that it has obtained $150 million worth of protection against North Atlantic hurricanes, European windstorms, Californian earthquakes and Japanese earthquakes and typhoons through a natural catastrophe protection program named Vega Capital Ltd. Swiss Re described Vega as …
The Willis Research Network, part of Willis Group Holdings Ltd., the global insurance broker, has joined with the U.S. Geological Survey and the California Geological Survey to develop a scenario that shows how a magnitude 7.8 earthquake along the San …
Markel American Insurance Co. launched a new renter’s protection insurance program. The program provides tenant homeowners coverage on a broader form than the standard HO-4 renter’s policy and provides many options to increase coverage as well as the limits within …
