Claims News Service, Dec. 4, 2:29 p.m. EST -- CDS Business Mapping, a provider of online hazard mapping, has added a Florida Wildfire report to its RiskMeter Online natural hazard risk report
The decision by the 5th U.S. Circuit Court of Appeals overturns a ruling by U.S. District Court Judge L.T. Senter Jr. in Gulfport, Miss., that ruled out a portion of State Farm's policy language as
"We were lucky this year, and the heightened threat from destructive storms remains and is expected to last for a number of years to come," said Marc Racicot, president of the American Insurance Assoc
The recent conflagrations and subsequent damage in Southern California showed that natural catastrophes come in all different shapes, sizes, and elements.
When Katrina's wind v. water issues came to the forefront, Claims turned to attorney Jay Brown to clarify some of the judicial decisions and and implications.
The October windstorms and wildfires that caused an estimated $1.6 billion insured loss in California have produced more claims than 2003, the state's last record year for blazes, an industry group sa
Looking to avoid a public relations debacle like the one that still haunts the industry over Hurricane Katrina claims, insurer groups briefed Congressional staffers last week on their swift response
The Zurich, Switzerland-based insurer reported net income rose $831 million from $3.33 billion last year to $4.16 billion. Earnings per share rose CHF (Swiss Franc) 6.22 to CHF 34.80 a share, which tr