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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.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 25, 2011
Despite the devastation and billions of dollars in economic damage that Turkey has suffered from Sunday’s 7.2 magnitude earthquake, the insurance industry’s burden should be minimal with one loss estimate at up to $200 million.
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By Chad Hemenway, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
September 16, 2011
Recent Hurricane Irene estimates put U.S. insured losses between $1.6 billion and $6.6 billion.
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By Phil Gusman, PropertyCasualty360.com |
September 14, 2011
In the wake of Hurricane Irene, loss estimates from two catastrophe modelers have differed significantly, and Eqecat today offers an explanation of how it arrived at its numbers, stating that the primary source of uncertainty is flooding.
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By Chad Hemenway, PropertyCasualty360.com |
September 2, 2011
Following Hurricane Irene, two of the “big three” hurricane modelers released insured loss estimates, and the gap between them could potentially fit another Hurricane Irene-type event.
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By Chad Hemenway, PropertyCasualty360.com |
August 29, 2011
Confusion and clarifications surround reported initial insured-loss estimates from catastrophe modelers following Hurricane Irene.
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By David A. Lieb, Associated Press |
June 6, 2011
The economic aftershocks of Missouri's spring of disasters may be felt for years, even by many who weren't personally affected by the storms.
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By Chad Hemenway, PropertyCasualty360.com |
June 3, 2011
On May 22, a devastating tornado ripped through Joplin, Mo., putting an exclamation point on a spring that has seen deadly and costly storms in several states.
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By Staff Writer |
June 1, 2011
United Fire & Casualty Co. says it expects second-quarter catastrophe losses of between $30 million and $35 million due to spring storms that have spawned deadly tornadoes in the U.S.
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By Chad Hemenway, PropertyCasualty360.com |
May 31, 2011
State Farm’s claims payments through May eclipsed $2.5 billion as payments to policyholders affected by April’s harsh weather approaches $1 billion.