As Hurricane Isaac heads toward the Gulf Coast, PC360 revisits some of the recent "I" storms whose names have been retired by the World Meteorological Organization due to insured and economic losses caused by the tropical cyclones.
Twenty years ago on Aug. 24, Hurricane Andrew made landfall in Florida and taught the insurance industry lessons it still adheres to today. Heres a look at the devastation Andrew caused 20 years ago, with recollections from some of the industrys key players.
Anxious consumers and businesses are increasingly turning to insurance fraud to escape financial turmoil. Here, we look back at some of the most sensational scammers of the first half of 2012.
SNL Financial recently released a list of the top property and casualty insurance advertisers in 2011. SNL lists all insurers that spent over $50 million on advertising for the year.
A violent criminal underworld of drug dealers and mobsters is pooling resources to defraud insurers. The Coalition reports on better-mobilized fraud gangs and masterminds' stunning heists, including a $400M crash-injury scheme and a $163M Medicare heist.
A violent criminal underworld of drug dealers and mobsters is pooling resources to defraud insurers. The Coalition reports on better-mobilized fraud gangs and masterminds' stunning heists, including a $400M crash-injury scheme and a $163M Medicare heist.
The claims numbers are rolling in as insurers and homeowners begin the painful process of inspecting what remains of the devastation left from the Colorado wildfires that at their height forced 32,000 people to evacuate their homes and left one insurance executive describing his own brush with loss.
Tropical cyclones, monsoons and severe weather related to the El Nino and La Nina events are on the rise in the Asian-Pacific region, in part due to global warming, according to the Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter & Company, LLC and City...