The Hartford said that it expects to report current accident year catastrophe losses of $280 million to $300 million before tax in the second quarter of 2012, as compared to $447 million before tax in the second quarter of 2011. …
A published report says Kentucky’s state investigators found few problems at a Harlan County mine where federal investigators found enough violations during a surprise safety blitz in May to shut the facility down for nine days. The Courier-Journal reported that …
Florida-based national insurance agency Brown & Brown Inc. reported total revenue for the second quarter was $290,916,000, an increase of 17.9 percent compared to 2011 second-quarter revenue of $246,816,000, Net income for the second quarter of 2012 was up 11.5 …
Claims involving allegations of alcohol intoxication require careful analysis when determining what policy or policies may apply. Two common theories centered on alcohol-related allegations that come into play include premises liability and dram shop liability, according to John P. Cunningham …
Jeff Kohlmann appointed as the insurance program manager of the Wisconsin Injured Patients and Families Compensation Fund (Fund). Kohlmann has been with the Office of the Commissioner of Insurance (OCI) since 1983. He worked as an insurance financial examiner in …
A report from catastrophe modeling firm AIR Worldwide, analyzes the damages resulting from the heavy rains that have caused widespread flooding and mudslides from July 11 to July 16 on the Southern Japanese Island of Kyushu. AIR explained that a …
Boston-based catastrophe risk modeling firm AIR Worldwide announced that it has released a cyclone model for India. “The new peer-reviewed model, which was developed out of AIR’s Hyderabad office, captures the effects of wind and precipitation-induced flooding on insured properties …
Newly released data from Finaccord, a London-based market research consultancy specializing in financial services, reveals that the market for commercial non-life insurance broking reached a value of €9.89 billion [$12.165 billion] in commissions and fees in 2011. The report said …
Climate indicators for an El Niño event in the western Pacific have eased slightly in the past two weeks, but meteorologists still expect the weather pattern, which can bring drought to the Asia-Pacific and damage crops, to form late in …
An expanding U.S. drought, now deemed the worst since 1956, dealt another blow to the corn crop, with conditions deteriorating for a second straight week in the world’s top exporter of the grain, U.S. government data showed on Monday. There …
