Loss Control

The new study on excess loss development adds 4 calendar years of large loss experience to a 2007 paper.

Risk Management Solutions revised catastrophe model has already been mentioned as a reason for insurers rate increases for some property risks, but how are brokers and insureds handling the news that premiums are going up, in part due to a model revision?

Cincinnati Insurance Companies and Selective Insurance Group collectively report close to $200 million in catastrophe losses for the third quarter of this year, a significant portion of which was cause by Hurricane Irene.

Oct. 12 (AP) Hurricane Jova slammed into Mexico's Pacific coast as a Category 2 storm early Wednesday, swamping beach towns and causing floods in the mountains above.

Legislation introduced to make earthquake insurance more affordable for homeowners nationally is seen as a terrible idea by the Hartland Institute.

Legislation introduced to make earthquake insurance more affordable for homeowners nationally is seen as a terrible idea by the Hartland Institute.