There often are not many incentives for agents and brokers to calculate accurate property and business interruption values. When underwriting...
Hurricane Season News
In general, “Valued Policy” statutes require an insurer to ascertain the value of the property being insured at the time...
Swiss insurance giant Zurich Financial Services posted a 30 percent increase in its 2005 net profits to $3.2 billion, despite...
Pricing to cover terrorism risks is unlikely to change in the short term following renewal of the federal reinsurance program,...
A.M. Best Co. maintains a stable outlook for the personal lines segment in 2006 based on its favorable risk-adjusted capitalization...
ING Group, the Netherlands-based international banking, financial services and insurance company, posted strong results for 2005 with net profits up...
A Consent Order between Allstate Floridian Indemnity Insurance Company, Allstate Floridian Insurance Company and the Florida Office of Insurance Regulation...
Driven by the largest natural catastrophe in U.S. history, Hurricane Katrina, the U.S. property/casualty industry’s underwriting loss was $2.8 billion...
“Lessons Learned and How to Prepare for the Next Hurricane Season” will be the topic of the Feb. 22 All...
There is no reason to expect any change in hurricane patterns in the near future, the number of hurricanes have...