earthquake insurance

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  Bound for Boom or Bust?

  By Christina Bramlet, PropertyCasualty360.com  |  May 1, 2013

  Fracking has ignited fierce debate about its true cost and associated risks. As a result, P&C insurers find themselves smack in the middle of conflicting scientific and political stances.

• China Quake Cover Ready for ILS Solution

  By Sarah Mortimer, Reuters  |  September 27, 2012

  China's fledgling insurance and reinsurance market cannot meet the soaring costs of natural disasters, but has the data and modeling capability to offload the risk to the private market via insurance-linked securities solutions.

• Nationwide Fracking Dust-Up Should Be “Non Story,” Says Hartwig

  By Mark E. Ruquet  |  July 27, 2012

  Hartwig provides clarity about the widely circulated story that Nationwide Insurance is the first carrier to say it would not cover claims from fracking.

• Nationwide Fracking Dust-Up Should Be Non-Story

  By Mark E. Ruquet, PropertyCasualty360.com  |  July 16, 2012

  A story last week that Nationwide would not cover claims from fracking has created some confusion and should never have been a story in the first place, says Robert Hartwig, president of the Insurance Information Institute.

• Customizable Earthquake Product Unveiled by CEA

  By Chad Hemenway, PropertyCasualty360.com  |  July 5, 2012

  Getting more people to buy earthquake insurance coverage is a challenge and the California Earthquake Authority says it has developed a new product line that attempts to do that.

• Italy Quakes May Cause Up to $875m in Insured Losses: Eqecat

  By Chad Hemenway, PropertyCasualty360.com  |  May 30, 2012

  Catastrophe modeler Eqecat has put an estimate of up to $875 million for insured losses related to recent earthquakes in Northern Italy.

• 7 Months Later, Churches Foot Bill for Va. Earthquake Damage

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 29, 2012

  The earthquake that shook the mid-Atlantic region seven months ago is taking an expensive toll on houses of worship that went without earthquake insurance.

• In Global Real Estate Market, Navigating Two Sets of Risk Is All in a Day’s Work

  By Caroline McDonald, PropertyCasualty360.com  |  February 16, 2012

  JONES LANG LASALLE is a global real estate services firm that helps commercial-property owners buy, sell, lease and manage buildings in 70 countries around the globe. It also advises major corporations on their real estate and workplace strategies, with clients in a range of industries, including pharmaceutical, automotive and technology.

• Insured Losses Mount to $200M for Turkey Quake

  By Mark E. Ruquet  |  November 4, 2011

  Insured losses from a magnitude 7.2 earthquake that struck eastern Turkey on Oct. 23 are estimated between $55 million and $200 million, according to two catastrophe-modeling firms.

• In Memoriam: Steve Jobs, Auto Liability Costs, and More—PC360_Claims Tweet Suite Digest

  By Christina Bramlet, PropertyCasualty360.com  |  October 12, 2011

  Check out the latest tweets about claims-related breaking news and analysis.

• Heartland Institute Critical Of Campbell Earthquake Bill

  By Caroline McDonald, PropertyCasualty360.com  |  October 10, 2011

  Legislation introduced to make earthquake insurance more affordable for homeowners nationally is seen as a “terrible idea” by the Hartland Institute.

• Ryan, Berkley Talk Risk

  By Susanne Sclafane, PropertyCasualty360.com  |  August 12, 2011

  Highlighting the possibilities of unforeseen events, risk correlations and concentrations, and even reputational disasters potentially keystrokes away, the world is getting riskier, say two industry veterans—William R. Berkley and Patrick G. Ryan.

• San Francisco Treats

  By Christina Bramlet, PropertyCasualty360.com  |  May 31, 2011

  Has America morphed from being a fundamentally optimistic nation to one with a disconcerting number of pessimists, some of whom are downright hostile?

• RMS Expects Japan-Quake Losses of $21-$34 Billion

  May 1, 2011

  Insured losses from the March 11 Japan earthquake and tsunami will likely range between $21 billion and $34 billion, including both P&C and life and health claims.

• As Quake-Loss Estimates Roll In, Some See Improved Pricing

  April 18, 2011

  As more companies report estimated losses for the March 11 Japan earthquake and tsunami, a couple of Bermuda executives say that a market turn is beginning to occur.

• Earthquake Demand Heats Up

  By Susanne Sclafane, PropertyCasualty360.com  |  April 18, 2011

  Demand for earthquake coverage is heating up on the West Coast, according to two managing general underwriters offering coverage for commercial and residential properties.