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For many recent hurricanes the damage caused by the storm surge far outweighed the wind-driven impacts but many storm surge models have been shown to underestimate the potential insured losses.

Although hurricanes are usually associated with southern coastal states, Hurricane Irene and even more recently, Superstorm Sandy serve as reminders that these are not the only states at risk.

Natural disasters do not automatically preclude subrogation. Consider these factors when wading through wind- and water-related damages.

Although hurricanes are usually associated with southern coastal states, hurricanes Irene and Sandy proved storm surge is also a big risk for other states.

Risk Management Solutions has conducted risk analysis for two new catastrophe bonds: Bosphorus Re 1 Ltd. cat bond and the Tar Heel Re Ltd. cat bond, launched in April 2013.

Large-scale weather events in the U.S. dominated insurance losses in 2012, pushing global insured claims for the year to $77 billion, says a report from Swiss Re.

Insurance broker Aon says insureds can expect Commercial Property rates to continue their modest rise through the first half of 2013, with Superstorm Sandy victims bearing the brunt of that increase.

Superstorm Sandy was an extraordinary weather event, particularly given the destruction produced by its large storm surge in relation to the wind damage. Two weeks following the event, RMS issued its first and only estimate: insured losses would fall between $20 billion and $25 billion. So what goes into producing...