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The lack of hurricanes making U.S. landfall this season is credit positive for reinsurers, according to Moody's Investors Service, as 2010 experienced worldwide natural catastrophe losses about in line with the average over the last 20 years.
The lack of hurricanes making U.S. landfall this season is credit positive for reinsurers, according to Moody's Investors Service, as 2010 experienced worldwide natural catastrophe losses about in line with the average over the last 20 years.
Predictions of an active hurricane season are looking accurate as the peak of the season begins with three storm systems in the Atlantic and Hurricane Danielle reaches Category 4 strength.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
The lead hurricane forecaster for the National Weather Service said there is a 90 percent chance of an above normal hurricane season in the Atlantic as the season enters its peak of activity.