Federal Court Splits North Carolina Hurricane Insurance Claims November 14, 2023 A North Carolina investment firm and its property insurer have each won partial victories in a dispute over hurricane insurance...
Another $180M Approved for North Carolina Disaster Aid, Prep November 18, 2019 Another $180 million in state funds are going to help with disaster recovery following hurricanes Matthew, Florence and Dorian and...
IIAV ‘Redoubling’ Hurricane Preparedness Efforts Since Following Harvey’s Texas Impact August 28, 2017 By Elizabeth Blosfield The Independent Insurance Agents of Virginia (IIAV) is motivated to “redouble its efforts” around hurricane preparedness, particularly as it relates...
Excess Capacity Continues to Drive Rate Cuts at June Renewals: JLT Re Report June 5, 2017 Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published...
Floods Prompt State of Emergency in North Carolina April 28, 2017 A North Carolina county declared a state of emergency Wednesday because flooding closed a number of roads and led to...
Six Months Later, Hurricane Flood Victims Still Recovering in Virginia April 11, 2017 By Ryan Murphy and Mechelle Hankerson In the months since Hurricane Matthew, Dawn Sawyer has watched her 9-year-old, Sam, bite his nails down to “nubs.” She’s...
North Carolina Requests Nearly $1B from Congress for Hurricane Recovery April 10, 2017 By Martha Waggoner North Carolina Gov. Roy Cooper is seeking nearly $1 billion from Congress to help North Carolina counties still recovering from...
Lloyd’s Reports £2.1B ($2.6B) Profit for 2016, Unchanged from 2015 March 30, 2017 Lloyd’s reported 2016 pretax profit of £2.1 billion pounds ($2.6 billion), level with 2015, despite a worsening of the market’s...
Nat Cats Cost Insurers $39.5B in 2016, Highest Level in 4 Years: Willis Re February 10, 2017 Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when...
Update: Zurich Returns to Profit in Q4 2016 with Net Income of $685M February 9, 2017 By Jan-Henrik Förster and Jeffrey Vögeli Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive...