Tropical Storm Cristobal came within 30 miles of the North Carolina coastline near Cape Hatteras before proceeding northeast and is expected to proceed in that direction off the U.S. coast for the res
In statements released last week, the Council of Insurance Agents and Brokers, the Independent Insurance Agents and Brokers of America, The Travelers Companies and Nationwide Insurance Companies
Tornado exposure has and will always be a consistent threat to insurers. According to the National Oceanic and Atmospheric Administration (NOAA), in an average year the U.S. experiences 1,200
downgraded from hurricane status early Sunday morning--is passing just east of Bermuda, bringing 3-5 inches of rain, tropical storm force winds, and waves up to 18 feet. As of 2 p.m. EST, Bertha was lo
Boston-based CDS Business Mapping, LLC, an online hazard mapping firm, said the rankings are based on RiskMeter Online's Tornado Model, which predicts the severity of tornadoes for any location in the
Pitney Bowes Group 1 Software has introduced an address-based solution to its Wind Pool Data bundle to help insurance carriers selling in Florida mitigate their underwriting risk. Delivered through
Indeed, since 2005, insurers have become more capable of absorbing a catastrophic event, thanks to better management of their risk concentration, as well as development of more efficient
Changing realities with respect to rising business costs, higher customer expectations and new exposures are challenging claims departments today, prompting insurance executives to look for new
With the economy uncertain and the soft market complicating revenue from some insurance lines, predictions for the second half of 2008 are not as sunny as insurers would like. However, as they look ah
The depressed economy has good and bad news for workers' compensation insurers, said the chief executive officer of the National Council on Compensation Insurance at the group's annual seminar. The go