-
By Chad Hemenway, PropertyCasualty360.com |
June 6, 2011
Alfa Insurance, Alabama’s second-largest writer of homeowners insurance, says it is dropping 73,000 policies over the next 16 months following the costliest storm in the company’s history.
-
By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com, Susanne Sclafane, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
March 18, 2011
In the wake of a magnitude 9.0 earthquake that struck Japan on March 11, with insured-loss estimates reaching as high as $35 billion, analysts and rating agencies fell on either side of the debate about whether the event will cause a turn in the long-running soft-market cycle.
-
By Chad Hemenway, PropertyCasualty360.com |
March 7, 2011
Losses from a magnitude 6.3 earthquake that struck Christchurch, New Zealand Feb. 21 (Feb. 22 local time) could total as much as $12 billion, according to one estimate cited in a note to clients from a JP Morgan Chase & Co. analyst.
-
By Chad Hemenway, PropertyCasualty360.com |
February 23, 2011
Some estimates of insured losses due to the second earthquake in Christchurch, New Zealand, in six months put the disaster potentially within the top ten most costly world insurance losses since 1970.
-
By Chad Hemenway, PropertyCasualty360.com |
February 22, 2011
As insurers report high losses and increased loss estimates from the last New Zealand earthquake, another temblor has rocked the same area.
-
By Chad Hemenway, PropertyCasualty360.com |
November 4, 2010
Modeler Risk Management Solutions (RMS) said the end of the 2010 Atlantic hurricane season is not the time to relax.
-
By Chad Hemenway, PropertyCasualty360.com |
November 3, 2010
Modeler Risk Management Solutions (RMS) said the end of the 2010 Atlantic hurricane season is not the time to relax. Conditions "are still ripe for further activity."
-
By Chad Hemenway, PropertyCasualty360.com |
October 18, 2010
In the Philippines, thousands evacuated and farmers rushed to harvest as many crops as possible as Super Typhoon Megi made landfall with maximum sustained winds of about 140 miles per hour.
-
By Chad Hemenway, PropertyCasualty360.com |
September 24, 2010
This morning Central America was introduced to Tropical Storm Matthew, which could become a hurricane and head into the Gulf of Mexico threatening Florida.
-
By Chad Hemenway, PropertyCasualty360.com |
September 8, 2010
Modeler Risk Management Solutions (RMS) said most of the losses from the earthquake in New Zealand will be residential, with a majority being paid out by the Earthquake Commission.