Insured losses from the earthquake in Haiti are likely to be small, as insurance penetration there is far below one percent, according to a Munich Re expert addressing an audience via webinar.

Earthquakes, wildfires, state budget collapses and massive unemployment.

Severe thunderstorms caused more than $6 billion in insured damages during the first six months of 2009, making it the leading cause for insurance losses so far in what has been called a moderate year for natural disasters.

Little did Ron Hayes dream when he worked as a high school teacher, manager of a property-casualty insurance agency and later as a university athletic fundraiser that his skills would so perfectly suit him for a career in public risk management.