Reinsurance woes send primary carriers scrambling Until recently the reinsurance world was a galaxy far, far away. That changed after...
Hurricane Season News
Renaissance Re, Bermuda’s leading property catastrophe reinsurer, posted net income of $130.4 million, or $1.81 per common share, for the...
The U.S. property/casualty industry’s underwriting income improved 21.0 percent to $8.3 billion in first quarter 2006 from $6.8 billion in...
TIP/PIA Texas announced it has set up a special Web page providing information on homeowner markets, in an effort to...
Florida Gov. Jeb Bush is considering a state-run reinsurance pool or joint underwriting pool to help businesses that can’t get...
Citizens Property Insurance Corporation has $5 billion in reserves to deal with potential losses as the 2006 hurricane season moves...
Manatee County, Fla. is installing state-of-the-art hurricane shutters on facilities responsible for treating and testing the county’s water supply; while...
The excess flood market steps up where NFIP drops off Increased catastrophes raise visibility of excess coverage The historical lessons...
Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of...
Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens — before...