SLSOT Using Data to Better Communicate with Surplus Line Market Stakeholders August 4, 2016 By Stephanie K. Jones Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of...
Minnesota Towns Continue to Struggle with Flood Damage July 20, 2016 Parts of east-central Minnesota are still trying to cope with floodwaters and subsequent damage nearly a week after torrential rains...
At Least 2 Dead in Midwest Floods that Damaged Homes, Stranded Motorists July 14, 2016 At least two people have died in flooding caused by powerful storms that damaged homes, washed out roads and stranded...
Parish Officials Warn of Isolation for Louisiana Flood Buyout Refusal June 27, 2016 Rapides Parish officials are warning a handful of holdouts in south Alexandria, La., subdivisions that they could be isolated if...
French & German Floods to Hit Insurers’ Earnings but Not Ratings: A.M. Best June 27, 2016 The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following...
AIR Worldwide: Storms in Texas Brought Up to 600% of Long-Term Average Rain Amounts June 7, 2016 Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to...
Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings June 7, 2016 By Jan-Henrik Förster and Oliver Suess Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry...
Insured Losses from French Floods May Total $682M: Industry Association AFA June 6, 2016 By Helene Fouquet Insurance executives meet with government officials in Paris Monday to assess the cost of flooding in the Centre and Ile-de-France...
More Residents Flee as Swollen River Feeds Flooding near Houston June 2, 2016 By John L. Mone Residents of some rural southeastern Texas counties are bracing for more flooding along a river that has already reached a...
Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments June 2, 2016 By Angeline Benoit and Oliver Suess Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll...