Irene Blamed for 38 Deaths; $20 Billion Economic Loss; Worst Flooding in Decades August 30, 2011 By Christine Kearney and Scott Malone New Jersey and Vermont struggled with their worst flooding in decades Monday, a day after Hurricane Irene slammed an already...
Irene Insured Losses in U.S. at $3-$6 Billion; P/C Pricing Unlikely to Turn August 29, 2011 By Ben Hurricane Irene caused $3 billion to $6 billion in insured losses, catastrophe modeling company AIR Worldwide said Monday, affirming the...
Irene Insured Losses Significant But Figures Still Uncertain August 29, 2011 By Ben Berkowitz Hurricane Irene is expected to have caused substantial property losses, though figures are still hard to come by because of...
U.S. to Reimburse States for Most of Irene’s Damage August 29, 2011 Hurricane Irene could cost U.S. state and local governments billions of dollars in damages, but funds from the federal government...
Irene Floods Northeast; Manhattan Spared Worst August 29, 2011 By Clare Baldwin and Edith Honan Hurricane Irene swept through Manhattan Sunday but reserved the worst of its fury for towns and suburbs up and down...
Unhappy Investors Want Bank of America Mortgage Case Moved to Federal Court August 29, 2011 By Jonathan Stempel Investors objecting to Bank of America Corp.’s $8.5 billion settlement of claims over losses on mortgage-backed securities are seeking to...
Pending Patent Reform May Not Bring Much Lawsuit Relief August 29, 2011 By Diane Bartz U.S. Congress is tantalizingly close to passing patent reform that President Barack Obama has hailed as an economic booster, but...
Judge Allows Punitive Damage Claims for Gulf Oil Spill to Move Ahead August 29, 2011 Plaintiff lawyers claimed a victory on Friday when a U.S. federal judge overseeing hundreds of lawsuits against BP and others...
Investors Placed Their Bets On Hurricane Irene August 28, 2011 By Jessica Toonkel While people in New York and the rest of the U.S. East Coast on Friday were buying batteries and water...
Irene Damage Assessment Underway; Flood Insurance Losses Could Surge August 28, 2011 By Ben Berkowitz Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company EQECAT said...