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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.
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By Phil Gusman, PropertyCasualty360.com |
March 14, 2011
While the industry tries to get a handle on losses coming from Japan in the wake of the recent earthquake, insurers in California can expect to see business interruption and other claims from damage caused to marinas by tsunami waves that hit the coast.
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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.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 30, 2010
Three wildfires broke out yesterday afternoon in California, the worst of which has consumed 8,000 acres so far in Los Angeles County.
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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.
