November 26, 2012
Swiss Re announced that its estimates of claims from Hurricane Sandy are around $900 million, net of retrocession and before tax. The bulletin warned, however, that “this estimate is subject to a higher than usual degree of uncertainty and may …
September 8, 2011
Preliminary data from the U.S. Geological Survey shows last month’s record earthquake in the eastern United States may have shaken a Dominion Resources nuclear plant twice as hard it was designed to withstand, a spokesman for the U.S. nuclear safety …
September 8, 2011
It’s a busy time of year for the National Hurricane Center in Miami. The NHC is currently following one hurricane – Katia, and two tropical storms – Maria and Nate. Katia is following the previously forecast track between the east …
August 26, 2011
There was a crack in the Washington Monument, and capstones were broken at the National Cathedral. In the District of Columbia suburbs, some people stayed in shelters because of structural concerns at their apartment buildings. A day after the East …
August 25, 2011
Hurricane Irene washed away homes in the Bahamas Thursday as its battering winds and rain headed toward the U.S. eastern seaboard including densely populated New York and New England. U.S. emergency officials have urged residents from the Carolinas north to …
August 24, 2011
The largest earthquake to hit the East Coast of the United States in 67 years raised concerns on Tuesday about the safety of the country’s nuclear power plants. The 5.8 magnitude quake’s epicenter was just a few miles from the …
August 24, 2011
A strong earthquake rattled the U.S. East Coast Tuesday, sending tremors as far as Canada, damaging well-known buildings in the nation’s capital and sending scared office workers into the streets. There were no reports of major damage or serious injuries …
August 24, 2011
The Independent Insurance Agents & Brokers of New York has issued a timely warning in the wake of the earthquake that struck the east coast yesterday afternoon, which affected many New York residents. The IIABNY reminded consumers that their homeowners …
August 23, 2011
The earthquake that struck Virginia and rattled the Eastern United States Tuesday caused less than $100 million in insured losses, catastrophe modeling company Eqecat said. Eqecat said the relatively weak nature of the earthquake kept losses from being worse. Had …
August 23, 2011
The United States put its eastern seaboard on alert for Hurricane Irene Tuesday, as the powerful storm barreled up from the Caribbean on a path that could hit the U.S. coast on the weekend. Even as the first hurricane of …