The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses....
Hurricanes News
$7.7 Billion Texas experienced $7.7 billion in insured losses during first three quarters of 2008, the Insurance Council of Texas...
If a magnitude 7.0 earthquake occurred on California’s Hayward Fault, it would result in economic losses between $210 billion and...
Standard & Poor’s Ratings Services has just published a new study – “Bermuda Insurers And Reinsurers: The Good, The Bad,...
The Bermuda-based Catlin Group Limited has just released its “Interim management Statement,” which shows premium gains in most sectors, but...
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of...
A group of civil rights attorneys filed a federal lawsuit claiming racial discrimination by the Louisiana Road Home program, an...
Citing $710 million in losses from Hurricane Ike, University of Texas Medical Branch in Galveston intends to lay off about...
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘B++’ (Good) and the issuer credit...
Gov. Bob Riley’s new insurance commissioner said the administration is considering its options to help coastal property owners struggling with...