Year-End Storms Cloud P/C Insurers’ Profit Picture January 5, 2011 By Ben Berkowitz U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
Relief Flights Reach Flood Stricken Australian City as Waters Rise January 4, 2011 Military flights rushed Monday to restock an Australian city before it is cut off by floodwaters that have turned a...
How to Fix Nation’s Flood Insurance Program December 31, 2010 By Jimi Grande The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance...
U.S. Analyst: China May Be ‘Likely Bright Spot’ in Asia Climate Action December 31, 2010 By David Fogarty The outcome of U.N. climate talks in Mexico this month should boost steps in Asia to curb greenhouse gas emissions,...
Test Your 2010 Insurance News IQ: 25 Questions December 31, 2010 Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at...
Oahu Property Owners Urged to Buy Flood Insurance December 31, 2010 Emergency management officials are urging Oahu property owners to buy flood insurance at current rates before new flood maps —...
How to Fix Nation’s Flood Insurance Program December 30, 2010 By Jimi Grande The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance...
Rising Rivers Prompt Evacuations of Australian Towns December 30, 2010 The military flew out a town’s entire population of 300 people by helicopter Wednesday in eastern Australia where waters continued...
Heavy Rains, Floods Disrupt Australia Coal Mining, Port, Freight Operations December 29, 2010 By Rebekah Kebede Heavy rains and flooding in Australia’s key coal-producing Queensland state have impacted mining operations and brought parts of the coal...
Ratings Roudup: PMG (Sony), Qatar General, Al Ittihad December 28, 2010 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a”...