Natural Catastrophes Drive Global Insured Losses to $31B in H1: Swiss Re’s Sigma August 18, 2016 Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44...
Series of Small Quakes Hit Rural Northern California Area August 5, 2016 A series of small earthquakes rattled a rural area of Northern California overnight. The U.S. Geological Survey says a magnitude-4.7...
2 Minor Quakes Hit Northern Nevada: USGS August 3, 2016 The U.S. Geological Survey confirmed two magnitude 3.1 earthquakes recently shook the Reno, Nev. area. The Nevada Seismological Laboratory at...
Lloyd’s Insurer Chaucer Expects Underwriting Loss During Q2 2016 July 15, 2016 The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer...
XL Estimates Q2 Cats to Cost $240M, Led by Alberta Wildfires July 14, 2016 By Agnel Philip XL Group Plc, the insurer that expanded last year with the purchase of Catlin Group Ltd., said second-quarter catastrophe costs...
Storms & Earthquakes Drive Up Insured Losses in 1H 2016: Munich Re July 13, 2016 Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the...
5 Principles for Navigating Complex Property/Casualty Claims June 16, 2016 By Jacob Parsons Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can...
UT Study Links Recent Texas Quakes to Oil Activity May 19, 2016 A new study by researchers at the University of Texas at Austin concludes that human activity has been a factor...
Natural Disaster Losses Hit Five-Year High in April: Aon Catastrophe Report May 5, 2016 The global economy suffered the worst April natural disaster losses for five years, according to Impact Forecasting, Aon Benfield’s catastrophe...
Ecuador to Raise Taxes, Sell Assets to Fund Multi-Billion Dollar Quake Rebuilding April 22, 2016 By Ana Isabel Martinez and Diego Oré Ecuador will temporarily increase some taxes, sell assets, and may issue new bonds on the international market to fund a...