Powerful, but perhaps prophetic words, following the passage of Katrina and Rita. Have we “scorned,” in William Congreve’s words, the...
Floods News
urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long...
Customers in states that have suffered major hurricanes are upset with the insurance industry. According to the J.D. Power and...
Swiss reinsurer Converium announced that it will restate its financial accounts as soon as it has completed “an extensive internal...
A.M. Best Co. announced rating actions on Germany’s Muenchener Rueckversicherungs (Munich Re) and its U.S. subsidiary American Re Corporation Group....
The Mississippi Department of Insurance has been the moderator for numerous Hurricane Katrina victims who claim damage they received from...
Once a proud businessman, William Dwyer sits in a New Orleans-area parking lot these days begging his insurer for money....
The Insurance Council of Texas reported that property and casualty losses from Hurricane Rita are expected to hit $4.7 billion...
Bermuda-based Montpelier Re Holdings Ltd. reported a net loss of $875.1 million, or $12.16 loss per share, for the three...
State Farm and Progressive spokespersons indicate they received more auto damage claims from Hurricane Wilma than any of last year’s...