News

What's so special about these agency websites? Click around and see.

What's so special about these agency websites? Click around and see.

A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume and the U.S. can expect a $10 billion loss from a hurricane every four years.

A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume and the U.S. can expect a $10 billion loss from a hurricane every four years.

Of the nearly 180 hurricanes that have hit the U.S. since 1900, 28 of those storms would result in $10 billion or more in insured losses in 2012, according to a new report from Karen Clark & Company.

A report from Standard & Poors says insured crop losses caused by the worst drought since 1988 could cost insurers and reinsurers more than $5 billion.