I remember when I was 9 or 10, trying to stay awake well past the hour when the lights were turned out so I could switch on (without getting caught) one of those late-night ghoul-type TV programs that
I remember when I was 9 or 10, trying to stay awake well past the hour when the lights were turned out so I could switch on (without getting caught) one of those late-night ghoul-type TV programs that
Canadian business is vulnerable to climate change and the increasing frequency and intensity of natural catastrophes, Lloyd's Chairman Peter Levene warned in a speech to the Vancouver Board of Trade t
The action made public Monday changes the financial strength rating of Tower Hill Prime Insurance Company and Tower Hill Preferred Insurance Company, each downgraded from "A-minus" to "B." Omega Insur
Last year cost the industry $83 billion in catastrophe claims, $65 billion of which resulted from hurricanes Katrina, Rita, and Wilma. The report, "Climate Change: Adapt or Bust," suggests that
The hurricane season kicked off today with Lloyd's America saying that insurers should be able to handle storm losses without government help, while a U.S. rating firm predicted a mega-catastrophe cou
While insurers weathered last year's record catastrophe losses without sparking a widespread hard market, the chief executive of the Insurance Services Office cautioned that population growth and
LAHAINA, HAWAII--While insurers weathered last year's catastrophe losses and defied pundit warnings of a possible hard market, the chief executive of the Insurance Services Office cautioned that popula
Six hurricanes hit the United States in 2004, the most in nine years. According to reinsurance giant Swiss Re, nine of the 10 hottest years on record have been in the past decade. Coincidence? Unlikely.