On Friday, Bloomington, Ill.-based State Farm, the number one personal lines insurer in the four states declared catastrophe losses by the Insurance Information Services' Property Claim Services, said

Catastrophe modelers say Tropical Storm Hanna should not be a significant insurance loss event for the industry as attention turns to Hurricane Ike that is predicted to hit the U.S. Gulf Coast by this

Overall p-c composite rates declined 10 percent in August, the Dallas-based online insurance exchange reported. This figure compares to an overall 11 percent decline in June and July MarketScout repor

While principals at some excess and surplus lines brokerages might believe their primary perpetuation goal is to negotiate the best prices they can for their shops, successful acquirers say their

However, as adjusters surveyed the damage from Gustav, insurers braced for Hurricane Hanna, heading toward the U.S. East Coast as this edition went to press, putting Florida, Georgia and South

New technology tools help cut costs, while service models boost

PCS, a subsidiary of Jersey City, N.J.-based Insurance Services Offices Inc., said Gustav was assigned Catastrophe Serial Number 58 on Tuesday for the states of Alabama, Louisiana and Mississippi. Ark

Insurers advised customers along the East coast to be prepared for a swipe from Tropical Storm Hanna, meanwhile a catastrophe modeler forecasted that Hurricane Ike may be a bigger concern by next week