Superstorm Sandy Will Test Federal Flood Insurance Program November 2, 2012 By Ben Berkowitz and Roberta Rampton Superstorm Sandy is threatening to drag the U.S. government’s debt-ridden flood insurance program back into the political crosshairs just months...
Hurricane Sandy Losses Expected to Top Irene’s October 30, 2012 By Ben Berkowitz Hurricane Sandy appears to have easily caused more losses than last year’s Hurricane Irene, but final totals will be hard...
Insurers Prepare for Hurricane Sandy October 28, 2012 By Ben Berkowitz Insurers say they are making the usual preparations for a hurricane – activating claims teams, staging adjusters near the locations...
Hurricane Sandy Could Cause More Damage Than Irene: Experts October 25, 2012 By Ben Berkowitz As Hurricane Sandy makes its way toward the eastern seaboard of the United States, disaster experts and meteorologists warn that...
Early Isaac Losses at $1.5B: Eqecat August 29, 2012 By Ben Berkowitz Hurricane Isaac has caused up to $1 billion in economic losses for offshore energy properties and up to $1.5 billion...
Auto Insurance Driver Tracking Hits Privacy Wall in California August 17, 2012 By Aaron Pressman, Ben Berkowitz and Cezary Podkul California is turning into a battleground for technology that allows auto insurers to track their customers’ driving behavior and offer...
Africa’s Pirates Have Demands for Insurers – and a Letterhead, Too August 13, 2012 By Ben Berkowitz Welcome to the Pirate Action Group. Pirate commander Jamal wishes to congratulate you on being hijacked. Kindly speak to his...
Berkshire Hathaway Profit Falls on Derivative Losses August 7, 2012 By Ben Berkowitz Warren Buffett’s ice-cream-to-insurance conglomerate Berkshire Hathaway reported a smaller profit for the second quarter on Friday as losses on derivatives...
Record Number of Farmers Expected to File Crop Insurance Claims July 20, 2012 By Ben Berkowitz and Tom Polansek The drought ravaging America’s prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in...
Dallas Hailstorm Insured Losses Could Reach $2 Billion June 18, 2012 By Ben Berkowitz and Marice Richter Insured losses from the massive hailstorm that struck the Dallas area on Wednesday could reach as much as $2 billion,...