A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in...
Hurricane Season News
Until recently the reinsurance world was a galaxy far, far away. That changed after the 2000 stock market crash, the...
Allstate Corp. said recently that growth in premiums and stronger property-liability underwriting helped the insurer increase second-quarter profit by 5...
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...
Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens, before people...