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A magnitude 6.9 earthquake struck in the region of Sikkim, India yesterday, causing moderate to heavy damage to vulnerable structures, as well as at least 38 fatalities and over 100 injuries, according to catastrophe modeler Risk Management Solutions.
Maria made landfall on Newfoundlands Avalon Peninsula as a minimal Category 1 hurricane late last week and quickly became an extratropical storm, according to AIR Worldwide.
Maria made landfall on Newfoundlands Avalon Peninsula as a minimal Category 1 hurricane late last week and quickly became an extratropical storm, according to AIR Worldwide.
Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.
Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.
Specialty insurers increased premium at an average 4 percent annual-growth rate over the past five years, beating the industry average, which remained close to flat over that time, a Conning Research & Consulting report says.
With global gross-written premiums (GWP) for the P&C insurance industry standing at $1.15 trillion, the United States still ranks No. 1 in premium volume, but expansion of the marketplace remains a challenge for insurers, according to Aon Benfield.
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