Business property insurer FM Global is urging property owners to take active measures now to help prevent potential storm losses as the peak of hurricane season approaches. “A big lesson from Hurricane Sandy is that remaining resilient during natural disasters …
As the peak of hurricane season approaches, the governing board for Louisiana’s property insurer of last resort agreed to boost its bank line of credit, to give the company enough money to cover costs in case of a storm. The …
Louisiana Citizens Property Insurance Corp. announced it has made significant enhancements to increase efficiency of claims filing, adjuster deployment and claims processing, in advance of the 2013 hurricane season. The company established a claims reporting telephone number that will become …
With the start of hurricane season just days away, Sulphur Mayor Chris Duncan is encouraging Louisiana residents to sign up for the city’s alert system. Duncan told The American Press that the system, which has been in use for almost …
U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion, excluding rainfall driven flood losses and all National Flood Insurance Program losses, estimates catastrophe modeler Risk Management Solutions (RMS). This …
As hurricane season shifts into high gear, the Maryland Insurance Administration is reminding consumers that September is Disaster Preparedness Month. Maryland regulators are advising homeowners to check what their insurance policy covers if the property is damaged. After Hurricane Irene …
As the 2012 hurricane season begins, New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski is encouraging state residents — particularly those who live in coastal areas — to make sure they have a plan in place that …
Virginians who want to stock up on batteries, bottled water and other supplies for the hurricane season will get a tax break this month. Starting May 25 and continuing for seven days, a sales tax holiday will spare them state …
The 2011 Atlantic hurricane season officially ends Wednesday, having produced a total of 19 tropical storms of which seven became hurricanes, including three major hurricanes. This level of activity matched predictions by the National Oceanic and Atmospheric Administration (NOAA) and …
Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker also offered an array of advice for …
