Montreal, Maine & Atlantic Railway says it is on the site of the fuel train derailment in Lac-Megantic, Quebec to establish a process for the filing and handling of claims.
A.M. Best Co. says it does not expect a significant number of rating actions, while Moodys Rating Service says the event is credit negative for insurers.
A.M. Best Co. says it does not expect a significant number of rating actions, while Moodys Rating Service says the event is credit negative for insurers.
Solar activity predicted to peak in early 2015 may release powerful geomagnetic energy that can disrupt electric grids, causing widespread blackouts and disrupting markets, says Lloyds of London.
Two sets of storms in the U.S. and an earthquake and aftershocks in northern Italy top the list of catastrophes around the globe in May, notes a report by Aon Benfield.