With more than 52,000 Sandy-related claims filed to date, New Jersey Manufacturers Insurance Company said it anticipates that payouts to policyholders who have suffered covered losses could exceed $300 million — four times what it paid as a result of …
(The author is a Reuters contributor. The opinions expressed are her own.) It took one day for Superstorm Sandy to destroy my house. So far, it’s taken more than a month for insurance to help me get back in. The …
PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced that it has extended its market coverage to include Norway and Sweden. The two Nordic markets are in addition to the nine territories already covered by PERILS: Belgium, …
Bermuda-based Validus Holdings, Ltd. Has issued a comment on worldwide loss activity occurring in the first quarter of 2011, including the February 22 New Zealand earthquake. The 6.3 magnitude earthquake which struck the South Island of New Zealand near Christchurch …
