The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a...
Earthquakes News
The California Department of Insurance (CDI) is implementing Phase 7 of its Earthquake Retrofit Grant Program and including two central...
Like life itself, insurance began in the ocean, eventually spawning like the varius land-based descendents we’ve come to know. While...
The recent revelations that the Allied Irish Bank has lost an estimated $750 million from the unauthorized operations of a...
California-based 21st Century Insurance Group reported a net loss for the year ended Dec. 31, 2001, of $27.6 million, or...
Boston-based Applied Insurance Research, Inc. (AIR), a leading catastrophe modeling firm, has released the 2002 versions of its earthquake and...
California-based Countrywide Credit Industries Inc., a diversified financial services provider, announced that two of its insurance subsidiaries, Balboa Insurance Company...
On Jan. 3, French reinsurer SCOR Group launched the second installment of its innovative Atlas Re catastrophe bond, with technical...
According to the Los Angeles Times, after a threeyear experiment, California-based 21st Century Insurance has decided to stop selling homeowners...
An Insurance Research Council (IRC) and Insurance Services Office Inc. survey shows that insurers of all sizes consider fraud “a...