Businesses in New York and New Jersey that were preparing insurance claims for losses from Superstorm Sandy have a second...
Yearly Archives: 2012
Even an extreme $40 billion scenario for property/casualty insurance industry losses from Hurricane Sandy would not drive material rating changes...
Widespread power outages and subway shutdowns may wind up making Superstorm Sandy the second most expensive storm in U.S. history....
Bala Cynwyd, Penn.-based Philadelphia Insurance Cos. said Chairman and Chief Executive Officer Jamie Maguire will be stepping aside as CEO...
Superstorm Sandy was one of the largest storms ever to hit the East Coast. And it’s also likely to be...
When the National Hurricane Center declared Sandy a “post-tropical storm” just before it made landfall, a lot of homeowners across...
Ten states and jurisdictions in the storm-battered Northeast have declared that hurricane deductibles won’t be applicable for Sandy-related homeowners claims....
Deductible Debate “Many insurers don’t explicitly define the percentage of a replacement cost deductible as a ‘hurricane’ deductible. Rather, they...
Dr. Therese M. Vaughan will step down earlier than previously announced from her post as chief executive officer of the...
In its ongoing damage survey of areas impacted by Superstorm Sandy, AIR Worldwide’s latest report describes the kinds of damage...