The Cuomo administration is distributing an additional $850,000 in aid for more than 100 New York farms impacted by flooding caused by tropical storms Irene and Lee. Gov. Andrew Cuomo on Tuesday, Oct. 25, announced that the state funds will …
The Bermuda-based Argo Group International Holdings, Ltd. announced that it expects to report in the third quarter its estimate for catastrophe losses and other severe weather activity, net of reinsurance and reinstatement premiums, of approximately $35 million to $40 million. …
As frustration has built in flood-ravaged upstate New York towns nearly two months after back-to-back tropical storms, Lt. Gov. Robert Duffy is visiting the sites to assess progress. Despite state and federal officials’ assurances of a quick recovery in the …
Gov. Deval Patrick says five more Massachusetts counties are being included in the federal disaster declaration after the remnants of Hurricane Irene hit the state in August. The counties added are on Cape Cod, the islands and in southeastern Massachusetts: …
New Jersey residents and businesses battered by Hurricane Irene will now have more time to seek federal aid to help cover their losses. The Federal Emergency Management Agency and the Small Business Administration announced on Friday, Oct. 21, that the …
New York State’s Suffolk County suffered the highest insured property loss among the 191 counties affected by Hurricane Irene, according to the latest estimate. New Jersey, New York and North Carolina were the top three states with sustained insured property …
A number of Bermuda-based re/insurers have announced their respective loss estimates for the third quarter of 2011. The figures given include loss adjustment expenses, and are net of any applicable reinsurance recoveries, reinstatement premiums and taxes. Aspen Insurance Holdings Limited …
Connecticut insurance regulators are working on revising hurricane deductible rules in the wake of tropical storm Irene. The insurance department spokesperson told Insurance Journal that the new rules under consideration focus exclusively on wind speeds measured within the state. Whether …
U.S. Senator Richard Blumenthal (D-Conn.) called on State Farm Insurance to drop its hurricane deductible for Connecticut residences whose homes were damaged by Tropical Storm Irene. Blumenthal was joined at his Hartford press conference on Tuesday, Oct. 11, by Elizabeth …
More than $5,089,356.61 in federal assistance to date has been approved to help Connecticut residents cope with their Tropical Storm Irene-related disaster expenses that are not covered by insurance. The federal assistance includes $4,807,542.38 approved in housing aid to help …
