Florida’s property insurance companies haven’t suffered hurricane losses for nearly five years, but many claim to be losing money even while collecting hefty premiums. It’s a complex paradigm for almost anyone to follow. “We keep going round and round and …
The five-category system that describes a hurricane’s strength and the havoc its winds could bring to the U.S. has been updated for the 2010 storm season. Gone from the Saffir-Simpson Hurricane Wind Scale are estimates for storm surge and inland …
The chorus urging Florida Gov. Charlie Crist to sign an omnibus property insurance measure passed by the Legislature is growing. One of the state’s leading consumer advocates, Walter Dartland, of the Consumer Federation of the Southeast, has joined Insurance Commissioner …
Hurricane season is fast approaching and the state of Louisiana wants to help residents prepare. On May 29 and 30, Louisianans can get a tax break when buying emergency supplies, including self-powered light sources like flashlights and candles; portable self-powered …
North Carolina’s insurance pool for coastal properties now has an extra financial cushion in case a major hurricane strikes. Risk specialist Guy Carpenter & Co., LLC, and GC Securities, announced the completion of a $305 million, two-class note issuance from …
What makes an oil spill really bad? Most of the ingredients for it are now blending in the Gulf of Mexico. Experts tick off the essentials: A relentless flow of oil from under the sea; a type of crude that …
Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell in the first quarter. …
The North Atlantic hurricane season begins June 1 and lasts through November 30. Facts from the U.S. Census Bureau highlight the number of people living in areas that could be most affected by these dramatic acts of nature. 36.2 Million …
Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell in the first quarter. …
Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell in the first quarter. …
