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Funding from the federal government is paving a path toward revolutionizing the modeling of storm surge, a Texas University scientist told members of a Senate committee at a hearing held Monday.
Reinsurance brokerage firm Holborn says estimates of insured losses from the Tohoku, Japan earthquake and tsunami in March are off by as much as $23 billion.
On the last day of the legislative session, lawmakers added a 2.75 percent premium tax on insurance sold by the Montana State Fund to pay for continuing claims for workers injured before July 1990.
On the last day of the legislative session, lawmakers added a 2.75 percent premium tax on insurance sold by the Montana State Fund to pay for continuing claims for workers injured before July 1990.
PropertyCasualty360.coms Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Check out the latest claim-related tweets.
Storm surge property damage could top $300 billion in 10 major U.S. cities along the Gulf and Atlantic coasts, with most at-risk homes in the threatened areas outside of current FEMA flood zones, according to a study by CoreLogic, a leading provider of consumer, financial and property information and business...
German-based reinsurer Hannover Re AG says Japan's devastating earthquake and tsunami cost it $344 millionpart of a heavy burden of losses from natural disasters that weighed down its earnings.
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