It was the storm no one thought, or no one remembered, could happen and it would forever change Florida's property market and the way the insurance industry does business.
It was the storm no one thought, or no one remembered, could happen and it would forever change Florida's property market and the way the insurance industry does business.
A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume and the U.S. can expect a $10 billion loss from a hurricane every four years.
A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume and the U.S. can expect a $10 billion loss from a hurricane every four years.
Automobile insurer Progressive went through a public relations nightmare this week after a blog written by the brother of a woman killed in a car wreck accused the insurer of defending her killer.
Allstate Corp. admits at least some of the decrease in policies-in-force in its homeowners insurance segment is due to agents being distracted a little bit by upcoming changes to their commission structure.
Willis calls 2011 the Year of the Breach and says that while companies are rightfully concerned about their Cyber exposures, they need to carefully examine their insurance coverage and risk-management strategies to ensure they are adequately protected.
Florida Citizens Property Insurance Corp. chief executive says the state-run insurer is going to improve its mitigation inspection program while taking a clean, concise look at the organizations budget.
Florida Citizens Property Insurance Corp. chief executive says the state-run insurer is going to improve its mitigation inspection program while taking a clean, concise look at the organizations budget.