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By Phil Gusman, PropertyCasualty360.com |
March 19, 2012
The recent passage of legislation reforming Florida’s personal injury protection auto-insurance system should help combat rising claims costs and insurance rates in the state, and is credit-positive for insurers, according to Moody’s Investors Service.
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By Robert Regis Hyle, PropertyCasualty360.com |
February 29, 2012
Why Pitney Bowes' recently launched national wildfire risk software makes sense, tackles growing issues.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 14, 2011
Europe’s run-in with severe Windstorm Friedhelm is not expected to produce significant insurance claims despite hurricane-force wind gusts, say experts.
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By Mark E. Ruquet |
November 4, 2011
Officials in Thailand say insurance losses from months of flooding could cost insurers greatly, with some estimates running as high as $13 billion as floods reached industrial zones.
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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 Chad Hemenway, PropertyCasualty360.com |
November 2, 2011
The snow from a freak pre-Halloween snowstorm in the Northeast may have melted, but hundreds of thousands of residents remain without power, and damages in some areas rival those caused by Hurricane Irene.
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By Mark E. Ruquet, PropertyCasualty360.com |
November 1, 2011
Officials in Thailand say insurance losses from months of flooding could cost insurers plenty, with some estimates running as high as $13 billion as floods reached industrial zones.
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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 Susan R. A. Honeyman |
October 20, 2011
Almost every discussion of 2012 reinsurance rates for U.S. property risks touches on major changes in catastrophe models—both the recently released Risk Management Solutions (RMS) version 11.0 U.S. Hurricane Model; and, to a lesser extent, AIR Worldwide’s revisions released last year but only now making their way through the system....
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By Mark E. Ruquet, PropertyCasualty360.com |
September 6, 2011
A week of brushfires across the state of Texas has claimed more than 1,000 homes, and insurance losses are expected to be in the millions of dollars, according to officials.
