News

Insured losses from Monday's killer earthquake in Italy are likely to range between EUR200 million ($265 million) and EUR400 million ($530 million), a catastrophe modeling firm estimated.

The Public Entity Risk Institute (PERI), said it has released a revised and updated version of "Characteristics of Effective Emergency Management Organizational Structures."

The forecast team of William Gray and lead forecaster Phil Klotzbach based their prediction on the potential for a weak El Nino ocean atmospheric event and an observed cooling of tropical Atlantic

NU Assistant Managing Editor Caroline McDonald's difficulties refinancing her home began an (ongoing) odyssey with nit-picking bank underwriters. She wonders what risk managers must be going through in these trying times.

The Colorado State University forecast team said today that the chance of a major hurricane hitting U.S. shores is better than 50 percent this year during a generally moderate hurricane season.

Using data supplied by the Insurance Services Office Inc., Meyer Shields of Stifel Nicolaus in Baltimore said in an analyst's note that to counteract a 1 percent annual increase in loss costs, there