John Garamendi, who became California’s first elected insurance commissioner a little more than a decade ago, recently announced that he...
Earthquakes News
U.S. property/casualty insurers will pay homeowners and businesses $705 million for insured property losses from three catastrophic events in the...
A century ago, agents found customers where they gathered—at church, their place of business or the local watering hole downtown....
RLI Corporation, a property/casualty underwriter based in Illinois, released its first quarter earnings of $7.1 million, compared with $6.5 million...
U.S. property/casualty insurers will pay homeowners and businesses in Texas $65 million for insured property losses from catastrophic events in...
Seattle-based SAFECO reported a first-quarter operating income of $12.0 million. SAFECO President and CEO Mike McGavick said these results are...
According to preliminary estimates from the Insurance Services Office Inc’s (ISO) Property Claim Services (PCS) unit, U.S. property/casualty insurers will...
Washington Insurance Commissioner Mike Kreidler said he expected all insurers offering earthquake insurance in the state to resume writing such...
SAFECO announced that claims from the Puget Sound-area earthquake on Feb. 28 will add up to approximately a $15-million payout....
Two leading reinsurance groups, AXA Corporate Solutions Reinsurance Company (successor to AXA Re), and Bermuda-based Renaissance Reinsurance Company have taken...