Wildfires, Hail Take Toll on Colorado Homeowners Insurance July 11, 2013 By Don Jergler It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates...
Researchers Develop New Metric to Measure Destructive Potential of Hurricanes May 1, 2013 Researchers at Florida State University have developed a new metric to measure seasonal Atlantic tropical cyclone activity that focuses on...
Texas Homeowners Pay Highest US Insurance Premiums December 21, 2012 An industry group says Texas homeowners are paying the highest insurance premiums in the country. The report was released Tuesday...
Hurricane Sandy Strengthens to Category 2: RMS October 25, 2012 Sandy has strengthened to a strong category 2 hurricane prior to landfall on the Cuban coast, after crossing over Jamaica...
FEMA Waives Repayment of Nearly $95M in Louisiana Storm Aid October 12, 2012 The Federal Emergency Management Agency has waived the repayment of nearly $95 million that the agency believes was improperly paid...
Cat Models – More Accurate, More Sophisticated and More Useful September 17, 2012 By Charles E. Boyle Catastrophe models have become such an indispensable tool for re/insurers, particularly those who write P&C catastrophe coverage, that it’s hard...
Aon Benfield Report Highlights Growth of Insurance-linked Securities September 6, 2012 Catastrophe bond issuance for the last 12 months – June 2011 to June 2012 – rose to $6.43 billion –...
Thousands File Flood Insurance Claims After Isaac September 5, 2012 By Sheila V. Kumar Thousands of flood insurance claims are being filed in the wake of Hurricane Isaac, a slow-moving storm that hammered several...
Florida Governor Opens Disaster Fund August 30, 2012 Florida Gov. Rick Scott has announced that the state is activating Florida’s disaster fund to help residents who suffered property...
Isaac Heads North After Drenching U.S. Gulf, New Orleans August 30, 2012 By Ellen Wulfhorst and Scott Malone Tropical storm Isaac is expected to weaken further as it heads north on Thursday, after causing significant damage to the...