Australia Flood Damage Seen as Long-term; Rail, Road Links Destroyed January 7, 2011 By Daniel Munoz Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some...
Omega Raises NZ Quake Estimates to $16.8 Million; Australia Floods January 7, 2011 Bermuda-based Omega Insurance Holdings Limited, which is also a leading LLoyd’s insurer, has issued a revised estimate of the losses...
Consensus: Consumer Education Needed to Reduce Disaster Losses January 6, 2011 With more than 50 percent of the country’s population living in coastal counties, there is an urgent and extensive need...
Australia Floods Cause ‘Catastrophic Damage’ January 5, 2011 By Daniel Munoz Australia’s record floods are causing catastrophic damage to infrastructure in the state of Queensland and have forced 75 percent of...
PuroClean to Open New Property Restoration Training Facility January 5, 2011 Florida-based PuroClean, which specializes in property emergency restoration services, announced plans to open a new Applied Structural Drying (ASD) Demonstration...
Year-End Storms Cloud P/C Insurers’ Profit Picture January 5, 2011 By Ben Berkowitz U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
Relief Flights Reach Flood Stricken Australian City as Waters Rise January 4, 2011 Military flights rushed Monday to restock an Australian city before it is cut off by floodwaters that have turned a...
How to Fix Nation’s Flood Insurance Program December 31, 2010 By Jimi Grande The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance...
U.S. Analyst: China May Be ‘Likely Bright Spot’ in Asia Climate Action December 31, 2010 By David Fogarty The outcome of U.N. climate talks in Mexico this month should boost steps in Asia to curb greenhouse gas emissions,...
Test Your 2010 Insurance News IQ: 25 Questions December 31, 2010 Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at...