However, Ms. Saith said it was too early to tell whether there would be a repeat of four years ago--when insured loss hit $1.1 billion after 4,847 structures were burned by the worst fires ever to hit
It was unusual for me to purchase a "rare book" through a used book store, a first edition at that, but in this case, it was one that I had been seeking for years and could never find.
According to the firm, a total of 280,000 policies have since been sold to small-scale farmers. Earlier this month, Swiss Re announced that it had provided financial protection in the case of extreme
According to the firm, a total of 280,000 policies have since been sold to small-scale farmers. Earlier this month, Swiss Re announced that it had provided financial protection in the case of extreme
The unexpected provides opportunity as well as challenges, as W. Anderson Baker III can attest firsthand. The president of Gillis, Ellis & Baker Inc.--an independent agency in New Orleans founded in
Risk Management Solutions catastrophe modeling firm issued a statement from Claire Souch, senior director of model management, saying that because Humberto formed within a few hours off the coast of T
For large-property risks, excess and surplus lines insurers can probably expect to make a bit less money this year compared to last, as competition heats up and carriers begin to seek more volume at
Risk Management Solutions in Newark, Calif. estimated insured losses from the storm would be less than $200 million. Despite being a maximum-strength storm, the small population affected combined
Risk Management Solutions in Newark, Calif. estimated insured losses from the storm would be less than $200 million. Despite being a maximum-strength storm, the small population affected combined
Claire Souch, senior director of model management at Risk Management Solutions in Newark, Calif., noted that, "This is only the fourth year since 1950 that we've had more than one Category 5 storm and