The ripple effects from Hurricane Wilma continue to impact the insurance industry with the announcement of losses by Odyssey Re and the downgrade of ...
Moody's Investors Service cut various ratings of Bermuda-based XL Capital Ltd yesterday, including the financial strength ratings of insurance operations to Aa3--pulling those ratings ...
Citizens Property Insurance Corp., Florida's property insurer of last resort, is reportedly planning to impose significant rate hikes to cover losses from Hurricane Wilma.Citizens ...
USI Holdings Corp. reported a 62 percent drop in net income for the third quarter, primarily over deductions for discontinued operations related to the ...
Specialty insurer Markel Corp. of Richmond, Va., said Hurricanes Katrina and Rita caused a third-quarter net loss of $111 million, or $11.31 a share, ...
Insurers stand to pay out an estimated $6.1 billion in losses stemming from Hurricane Wilma, according to the Insurance Services Office.The Property Claims Services ...
Lloyd's said expectations earlier this year that it would end 2005 on a comfortably profitable note have been diminished by the three catastrophic hurricanes ...
Hurricane losses remain the No. 1 variable as the third-quarter financial reporting dates approach for property-casualty insurers, but the sector's prices are firming, according ...
With Hurricane Wilma's possible insured loss impact still to be determined, one analyst said he thought if Florida escaped with damage under $7 billion, ...
Eqecat, Inc.==the Oakland, Calif.-based catastrophe modeling firm==said today that Lloyd's had signed a licensing agreement to use the firm's WORLDCATenterprise software for its catastrophe ...