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Two experts share perspectives about large-loss claims management and lessons learned from the 2011 Joplin tragedy.

Few circumstances can be as daunting as helping wealthy Americans maintain their expected quality of living after a loss.

Few circumstances can be as daunting as helping wealthy Americans maintain their expected quality of living after a loss.

The U.S. reinsurance industry was hit hard by catastrophes in 2011, producing a combined ratio of well over 100, according to one survey of U.S. reinsurance property and casualty underwriters.

A catastrophe-laden 2011 and a tornado-filled start to 2012 could have a debilitating impact on smaller carriers, based on the simple premise that they often have a lot smaller of a financial cushionless business from which to draw and pay claims, analysts say.

The mutual insurance company paid a record $1.2 billion in catastrophe claims during 2011, mostly from Midwestern wind and hail storms in April and May.

EQECAT released the first estimate for insured loss from last weeks series of deadly tornadoes that ravaged the Midwest saying it could go as high as $2 billion.

EQECAT released the first estimate for insured loss from last weeks series of deadly tornadoes that ravaged the Midwest saying it could go as high as $2 billion.