We last spoke with Dr. Steve Smith midway through the 2006 hurricane season three months ago, where he reassessed weather predictions and stated that the season would turn out to be an average one.
Many agency staff (and, yes, even owners) inwardly cringe when the subject of business interruption arises. It seems to be a topic that confuses some, disheartens others and fills most CSRs with a sense of dread. The reason for this almost universal
This year's third quarter U.S. property/casualty insurance losses are expected to drop 98 percent from last year's record amount of $48 billion.
Melville, N.Y.--New York State should implement measures to be proactive, rather than reactive, in dealing with the prospect of a major hurricane hitting Long Island and New York City, said Sharon Emek
Moody's Investors Service in New York affirmed the Aa3 financial strength ratings of operating subsidiaries of PartnerRe Ltd. this morning, pushing the outlook to stable from negative, after the Bermu
Almost a year after the devastating hurricanes and other natural disasters of 2005, we still hear daily accounts of ongoing issues impacting businesses located in the affected areas, many of which