Caribbean islands hit by the storm Tomas--which reached hurricane status over the weekend before weakening to a tropical storm--are expected to sustain less than $100 million in economic damages, catastrophe modeler EQECAT said.
Climate change could significantly increase Caribbean hurricane risk and raise annual expected losses by another 1 to 3 percent of GDP for some Caribbean countries by 2030, according to a new study.
The National Association of Insurance Commissioners says it will keep secret the names of bidders competing for a contract to assess the disputed value of insurers' mortgage-backed securities.
The National Association of Insurance Commissioners said it will keep secret the names of bidders competing for a contract to assess the value of insurers' mortgage backed securities.
The National Association of Insurance Commissioners said yesterday it will keep secret the names of bidders competing for a contract to assess the value of insurers' mortgage backed securities.
Consumer representatives have asked the Senate Finance Committee to drop a proposed provision of health care reform legislation giving state regulators rule-making authority to draft health insurance standards.
Established in 1992, the program promotes consumer interaction with the NAIC's members, the insurance industry and interested parties through the individuals' dedication and commitment to serving the
Insured losses from Hurricane Ike could run between $50 million and $200 million for damages to the Turks and Caicos Islands, according to a catastrophe risk modeler, and another modeler said before I
Insurance broker Arthur J. Gallagher & Co said it has acquired Intermountain Financial Benefits of Salt Lake City, Utah, and become a major shareholder in CGM Group, headquartered in Kingston, Jamaica