Hurricane Dean, is the most powerful storm to roil the waters of the Caribbean since Wilma in 2005. So far it’s been responsible for at least six deaths. After ravaging Martinique and St. Lucia as a category two storm, Dean …
Oakland Calif.-based EQECAT, Inc. issued a preliminary assessment of the insured losses from Hurricane Dean of between $1.5 and $3 billion. The estimate covers damages incurred by the hurricane’s passage through the Lesser Antilles as far as Jamaica. EQECAT said …
A Pennsylvania Superior Court judge collected insurance money after claiming a car accident made him unable to exercise or play golf, but then played golf, went inline skating and received his pilot’s license, federal prosecutors said Wednesday. Judge Michael Thomas …
The Atlantic hurricane season has begun. The National Hurricane Center has designated Tropical Storm Dean, with winds up to 80 mph, as the first hurricane and issued a warning that it is headed for the Caribbean’s Lesser Antilles. This morning …
Munich Re will lead a syndicate – the “Caribbean Catastrophe Risk Insurance Facility” (CCRIF), set up to offer 16 countries in the Caribbean insurance cover against hurricanes and earthquakes. The syndicate officially opens for business today, June 1. Munich Re …
Marsh UK announced that business interruption specialist Josephine Joseph has joined the broker’s European Forensic Accounting and Claims Services (FACS). She joins FACS from Matson, Driscoll & Damico UK LLP, where she specialized in loss of profits claims, stock loss …
A hospital network tired of having its bills challenged by HMOs has decided to play rough. Its members are suing two of the region’s largest health insurers, claiming each tried to weasel out of paying for millions of dollars in …
Caribbean countries joined by outside donors and international and regional organizations established a $47 million insurance pool to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out of member governments’ determination …
Caribbean countries joined by outside donors and international and regional organizations established a $47 million insurance pool to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out of member governments’ determination …
Caribbean countries joined by outside donors and international and regional organizations established a $47 million (euro35.7 million) insurance pool this week to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out …
