Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
Details of PXRE’s Securitzation for “Second Event Protection”
Dec 27 2005 // Bermuda’s PXRE Group Ltd. has given details of its $250 million collateralized transaction with Atlantic & Western Re II Limited, a Cayman Island reinsurance company. The agreement is designed to provide...
Estimates in Swiss Re <em>sigma</em> Study Confirm 2005 as Costliest Ever
Dec 21 2005 // Ever since Hurricane Katrina devastated New Orleans, 2005 looked certain to be a record-breaking year for insured losses. Swiss Re’s newly issued sigma report has now confirmed the sad fact. According to preliminary...
LACKING EARTHQUAKE INSURANCE:
Dec 19 2005 // Barely four out of every 10 Missouri homeowners carry earthquake insurance, a cause of concern cited as Gov. Matt Blunt heard briefings on the state’s earthquake preparations. Blunt held a closed-door Cabinet meeting...
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 19 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists speaking at the National Catastrophe In-surance Summit in Burlingame,...
Calif. Court Rules in Favor of Earthquake Policyholders
Dec 18 2005 // An insurance broker was a representative for the California Fair Plan Insurance Co. with regard to the Northridge earthquake revival statute, which gave policyholders another year to file lawsuits against their insurers in...
News Briefs
Dec 18 2005 // MISSOURI Insurer to Pay $8 Million: State Farm Insurance has been ordered to pay more than $8 million to a tow truck driver and his sister-in-law who were acquitted of insurance fraud after being accused of faking the...
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 18 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists speaking at the National Catastrophe In-surance Summit in Burlingame,...
Calif. Unprepared for Tsunami
Dec 13 2005 // Tsunami waves generated by a large offshore earthquake would threaten at least 1 million coastal residents in California and inundate the nation’s largest port complex, according to a new report. The study, released...
California Catastrophe Coalition Formed
Dec 13 2005 // James Lee Witt, former FEMA Director and co-chair of ProtectingAmerica.org, and Admiral James M. Loy, former Deputy Secretary of the U.S. Department of Homeland Security, have announced the formation of...
AIR Worldwide, ISO Report Opening of Representative Office in Beijing
Dec 12 2005 // AIR Worldwide Corporation (AIR) and ISO reported the opening of the AIR Worldwide Corporation Beijing Representative Office in China. AIR, a subsidiary of ISO, helps more than 400 insurers, reinsurers, government agencies...
Many Missourians in Need of Earthquake Insurance, Officials Report
Dec 12 2005 // Barely four out of every 10 Missouri homeowners carry earthquake insurance, a cause of concern cited Friday as Gov. Matt Blunt heard briefings on the state’s earthquake preparations. Blunt held a closed-door Cabinet...
Preparing for Worse
Dec 5 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to experts at last month’s National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time,...
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 5 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame,...
Preparing for Worse
Dec 5 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a...
Editor’s Note: Preparing for Worse
Dec 4 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a...
Illinois Duo Seeks to Radio Midwesterners of Region’s Earthquake Threat
Dec 4 2005 // Harvey Henson knows people might not fret much about Midwest earthquakes. But since this region has one of the nation’s most active underground faults, that lack of preparedness makes him tremble. “It’s...
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 4 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame,...
Editor’s Note: Preparing for Worse
Dec 4 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to experts at last month’s National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time,...
Calif. Court Rules in Favor of Earthquake Policyholders
Dec 2 2005 // An insurance broker was a representative for the California Fair Plan Insurance Co. with regard to the Northridge earthquake revival statute, which gave policyholders another year to file lawsuits against their insurers in...
U.S. Needs National Catastrophe Insurance Program, Insurance Commissioners Say
Nov 16 2005 // Insurance Commissioners from California, Florida, Illinois and New York began laying the groundwork Tuesday for what they hope will turn into a national catastrophe insurance program that would cover all Americans. Hosting...
