Catastrophe & Restoration

Allstate has launched a national advertising campaign to raise awareness and spur dialogue about better preparing Americans for catastrophic events.

The American Insurance Association has testified before a New York State Senate committee that many complex questions must be answered before the state considers implementing a catastrophe fund, something it is currently debating.

The current market for steel is tough worldwide, and insurance companies that deal with damage claims in this area are really feeling the pinch.

Although our focus is what risk managers need to do for property loss recovery, adjusters and claim operations need to prepare as well, especially in cases of Katrina-scale calamities.

Katrina was a nightmare. Unfortunate risk managers and property owners in the hurricane's wake were schooled firsthand in the art of property loss recovery.

The hurricanes of the last two seasons are strong warnings of the increasing threat that climate change represents to insurers and their customers, according to a recent report by Ceres.