Business Groups Back Expanding Federal Flood Insurance Options March 14, 2011 By Andrew G. Simpson Expanding a federal program that is already $17 billion in debt might seem like a non-starter of an idea on...
Commentary: The World Responds to Japan’s Agony March 14, 2011 By Charles E. Boyle The magnitude 8.9 earthquake, 6 miles down in the Japan Trench and 130 kms (81 miles) off Japan’s northeast coast,...
Aflac CEO Says Exposure to Japan Quake/Tsunami is ‘Limited’ March 14, 2011 U.S. insurer Aflac Inc , which is the largest foreign insurer in Japan, has “rather limited” financial exposure to the...
Credit Suisse Estimates Japan Economic Losses at $171 to $183 Billion March 14, 2011 Economic losses in the regions of Japan that were hit by a massive earthquake will reach around 14 trillion yen...
Analysts Describe Quake/Tsunami Impact on Japan’s P/C Insurers as ‘Limited’ March 14, 2011 By Junko Fujita and Noriyuki Hirata A decline in shares of Japanese non-life insurers including MS&AD Insurance Group [Mitsui Sumitomo] is expected to be temporary as...
“Unexpected Nature” of Japan Quake Complicates Insured Loss Estimates March 14, 2011 By Ben Berkowitz The unexpected nature of this week’s earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating...
$35 Billion Japan Quake Cost Estimate Weighs on Insurers March 14, 2011 By Myles Nelligan Shares in European insurers fell steeply on Monday after analysts estimated over the weekend that the Japanese earthquake could cost...
AIR’s Japan Quake/Tsunami Insured Loss Estimates: $15 Billion to $35 Billion March 14, 2011 Boston-based catastrophe modeling firm AIR Worldwide’s most recent statement, based on “currently available information, estimates that insured property losses from...
American Claims Management Announces New Business Relationship With Sparta March 14, 2011 By Newswire San Diego, CA, 3/14/11 – American Claims Management, Inc. (ACM) announced a new business relationship with SPARTA Insurance. Effective March...
Appeals Court to Expedite Obama Healthcare Appeal March 14, 2011 A U.S. Appeals Court agreed Friday to speed up the timetable for the Obama administration’s appeal of a federal judge’s...