While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.
While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.
While a recent report on executive compensation shows companies are seeking to limit increases for their top officers, a compensation consultant to the insurance industry says carriers had already adopted leaner increases before the Great Recession struck.
While a recent report on executive compensation shows companies are seeking to limit increases for their top officers, a compensation consultant to the insurance industry says carriers had already adopted leaner increases before the Great Recession struck.
A financial analyst says losses from Superstorm Sandy could be even higher than Risk Management Solutions $20 billion to $25 billion estimate once infrastructure losses are factored in.
The latest monthly MarketScout report shows that commercial property and casualty insurance rates increased at a slower rate, rising 4 percent in October, but Sandy could have a dramatic impact on rates in the future, the CEO of the Dallas-based electronic-insurance exchange says.