-
By Sam J. Friedman |
January 24, 2012
Industry leaders are proud of the way insurers handled and absorbed 2011’s huge catastrophe losses, but what if this level of disaster claims becomes the “new normal”?
-
By Ken Brownlee, CPCU |
November 28, 2011
As if there isn't enough to worry about what's happening on Earth, scientists are warning against space weather. Solar storms, they say, could wreak havoc on the electric-power supply, triggering losses from business interruption and damaged physical assets.
-
By Ken Brownlee |
March 3, 2011
The name of the old business interruption policies has changed, and that won't be the only thing to continue evolving in the insurance world.
-
By Ken Brownlee |
November 3, 2010
Indirect loss is far more complex and costly than direct loss. It also carries serious ramifications for a larger number of people.
-
By Mark E. Ruquet, PropertyCasualty360.com |
August 2, 2010
Fire officials expect to have control over two major wildfires burning in California by the end of this week, but neither incident should amount to catastrophe claims, an insurance association representative said.
-
By Mark E. Ruquet, PropertyCasualty360.com |
July 29, 2010
Fire officials expect to have control over two major wildfires burning in California by the end of this week, but neither incident should amount to catastrophe claims, an insurance association representative said.
-
By Mark E. Ruquet, PropertyCasualty360.com |
June 29, 2010
Officials say the worst of the Schultz fire, burning just four miles north of Flagstaff, Ariz., is over, as firefighters are in the mop-up phase.
-
By Mark E. Ruquet, PropertyCasualty360.com |
June 28, 2010
The U.S. property and casualty insurance industry swung back into the black in the first quarter.
-
By Mark E. Ruquet, PropertyCasualty360.com |
June 23, 2010
First-quarter U.S. property and casualty insurers' net income improved by more than $10 billion over the same period last year despite the challenges of a soft market, according to industry figures released today.
-
By Mark E. Ruquet, PropertyCasualty360.com |
June 22, 2010
With tornadoes last week in the Midwest and fires in Arizona this week, 2010 is shaping up to be a busy year disaster wise for insurers, with one incident already getting a catastrophe designation.