Swiss reinsurer Converium announced that it will restate its financial accounts as soon as it has completed “an extensive internal...
Floods News
A.M. Best Co. announced rating actions on Germany’s Muenchener Rueckversicherungs (Munich Re) and its U.S. subsidiary American Re Corporation Group....
State Farm and Progressive spokespersons indicate they received more auto damage claims from Hurricane Wilma than any of last year’s...
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...
The “Insurance Village” established in Plantation, Fla. near Fort Lauderdale by the Department of Financial Services, had a lot of...
Mississippi Governor Haley Barbour has criticized President George Bush and his administration’s proposals for Hurricane Katrina-related aid, saying it falls...
Hurricane Beta came ashore Saturday on Nicaragua’s Eastern coast about 60 miles (100 kms) south of Puerto Cabezas with winds...
Some of the New Orleans homes drowned by the flooding that followed Hurricane Katrina have been damaged by a second...
The Bermuda-based Arch Capital Group Ltd. has duly taken its turn at the hurricane whipping post, reporting a third quarter...