Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
The 2015 fire season set a new record for the number of acres burned in the United States, while more and more people live in areas that are prone to wildfires, resulting in a recipe for disaster.
The wildfires spreading around Canadas oil-sands hub of Fort McMurray may become the costliest catastrophe in the countrys history with losses potentially reaching $7.3 billion.
Evan Greenberg, who built one of the worlds largest insurers by combining Ace Ltd. and Chubb Corp. this year, sought to portray the merged company as a more stable alternative than hobbled rivals who are seeking to rebound.
More than 80,000 people have been forced to flee their homes as wildfires tore through a northern Alberta community, reducing entire neighborhoods to ash.
Third Point said in a letter to shareholders last month that the quarter was one of the most catastrophic periods for hedge funds since the firm was founded.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.