Guatemala News

Guatemalans Huddle in Streets after Deadly Quake

Guatemalans fearing aftershocks huddled in the dark and frigid streets of this mountain town wrapped in blankets early Thursday, while others crowded inside its hospital, the only building left with electricity after a powerful earthquake killed at least 48 people …

7.4 Magnitude Quake Shakes Active Guatemala Region: AIR Analysis

According to catastrophe modeling firm AIR Worldwide, at 10:35:50 UTC on Nov 7, 2012 an earthquake estimated at a magnitude of 7.4 occurred at a depth of 41.6 km (25.9 miles) about 15 miles off the coastal town of Champerico …

Hurricane Richard Hits Belize; Could Reach Mexico’s Oil Fields

Hurricane Richard struck the tiny Central American nation of Belize Sunday, blowing roofs off houses and knocking out electricity as tourists and residents huddled in emergency shelters. Richard, which made landfall just south of Belize City, was expected to weaken …

Aon Benfield’s Monthly Cat Report Highlights Tropical Cyclones, NZ Quake

Tropical Storm Matthew Heading for Central America

Tropical Storm Matthew formed over the western Caribbean Thursday and was expected to hit Central America as early as Friday, the U.S. National Hurricane Center said. The storm, which had maximum sustained winds of 45 mph [72 kph], could disrupt …

Allstate: Texas Auto Theft Numbers Drop 2.5% Statewide

Vehicle thefts among Allstate insured Texans dropped 2.5 percent last year, the company announced, but the cars being snapped off the street are heading farther south of the border — even overseas. The insurer and police are urging drivers to …

Munich Re: ‘Ever Higher’ Nat Cat Costs; Ups Chile Quake Loss to $1 Billion

A bulletin from Munich Re, the world’s largest reinsurer, concludes that the “long-term trend towards ever higher natural catastrophe costs” looks set to continue, according to an analysis from its Geo Risks experts. Their conclusions are based on “the large …

AIR Analyzes Agatha; Despite Damages Insured Losses Not ‘Significant’

Catastrophe risk modeling firm AIR Worldwide described the early tropical storm Agatha as “short-lived, but deadly,” as it “wreaked havoc in Central America over the weekend. Agatha benefitted “from low wind shear and sea surface temperatures of 30°C,” said AIR, …

Tropical Storm Agatha Kills 99 in Central America

The death toll in Central America from landslides and flooding triggered by the year’s first tropical storm surged to 99 on Sunday, as authorities struggled to clear roads of debris and reach cut-off communities. Rains from the remnants of Tropical …

Love of Language Leads Insurance Agent to Hispanic Market

At first glance, Kathryn Soderberg would seem an unlikely candidate for an insurance agent whose expertise in marketing to Hispanic customers lands her gigs on radio talk shows and leading Hispanic market training sessions for large insurance companies. Soderberg, president …