The National Weather Service is reporting an event billed as “The Bering Sea Superstorm” is striking the coast of Alaska. The storm is “punishing the west Alaska coast with hurricane-force winds, destructive waves and surge, severe erosion and blowing snow,” …
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 …
The first major Gulf of Mexico storm of the year is brewing over the northwestern Caribbean Sea, with an 80 percent chance of becoming a tropical cyclone as it heads northwest to the Texas coast, and posing a threat to …
SANTA FE, N.M. (AP) _ The natural gas shortage that slammed the state last winter cost insurance companies $55 million in claims. A memo from the state Public Regulation Commission’s Insurance Division says homeowners received the most help representing 7,422 …
North Dakota Insurance Commissioner Adam Hamm reported that the Memorial Day wind storm in the Fargo area so far has caused more than $4.2 million in damage. Reports to Hamm from several insurance carriers who write business in the affected …
The massive, weekend storm system that killed dozens of people, and destroyed buildings, livestock and other property as it swept east across the country, produced the most significant insured losses in North Carolina and Virginia, officials said. The thunderstorm system …
President Obama has signed a federal disaster declaration, ordering federal aid to supplement state and local recovery efforts in seven Washington counties hit by severe winter weather Jan. 11-21. The storms brought flooding, landslides and mudslides. Federal money is available …
Flagstone Reinsurance Holdings announced that its preliminary estimate from loss events that have occurred in Australia in the first quarter of 2011 is expected to be between $60 to $80 million, net of reinstatement premiums and retrocession. “These events include, …
Oklahoma Insurance Commissioner has issued an emergency order granting licenses to insurance adjusters form other states to help cope with claims expected as a result of a major winter storm. The state is among those being hit with severe snow, …
California could be subject to a powerful series of storms, capable of costing $300 billion in damages — three times as much as a severe earthquake in the southern part of the state, according to a new report by the …
