Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon March 9, 2017 Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia...
Insured Losses from New South Wales’ Bushfires & Hailstorms Pass US$53.7M February 22, 2017 Combined losses from the two New South Wales catastrophes of bushfires and hailstorms, have passed A$70 million (US$53.7 million), according...
Allianz Q2 Profit Drops 46% on Nat Cat Claims, Expected Sale of South Korea Unit August 5, 2016 By Oliver Suess Allianz SE said second-quarter profit almost halved, missing estimates, as Europe’s biggest insurer faced higher claims from natural disasters and...
June Storms in Canada Cost Insurers More Than C$34 Million July 20, 2016 The storms that hit Saskatchewan, Manitoba and Ontario in Canada on June 24 and 25 caused more than C$34 million...
Texas Had Costliest U.S. Cat Losses in First Half of 2015: PCS July 22, 2015 Texas had the most catastrophe losses in the United States during the first half of 2015, according to a new...
A.M. Best: Australia’s Nat Cat Losses Will Challenge Underwriting Profits May 12, 2015 A string of recent major natural catastrophe events in Australia is expected to materially affect non-life insurers’ upcoming earnings for...
Property Claim Litigation Bill Passed by the Texas Senate May 1, 2015 By Stephanie K. Jones The Texas Senate on April 30 passed a bill aimed at stemming the onslaught of property claim litigation that has...
Oklahoma, Texas Had Costliest Natural Disasters in 2013: Hartwig February 11, 2014 The Oklahoma tornadoes of May 2013 not only caused significant loss of life but also contributed to its designation last...
Texas Homeowners Pay Highest US Insurance Premiums December 21, 2012 An industry group says Texas homeowners are paying the highest insurance premiums in the country. The report was released Tuesday...
Tarrant County, Texas, Leads State in Hailstorms: NOAA November 29, 2012 The residents of Fort Worth, Texas, and its suburbs in Tarrant County share the dubious honor of being the area...