Exponential growth of state-run property insurers of last resort ultimately may shift much of the long-term risk of hurricane-related losses...
Hurricanes News
On Wednesday the South Carolina House of Representatives agreed to Senate changes to coastal omnibus hurricane legislation, which included extending...
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of...
Congress is planning further exploration of the federal government’s flood program and private insurance practices following the hurricanes of 2005,...
AIR Worldwide Corp. updated its hurricane modeling software enabling enhanced methodology for estimating business interruption losses. AIR’s newest U.S. Hurricane...
Jackson County officials have put off until at least June 10 a decision on whether to join in a state-backed...
State Farm Fire & Casualty Co. agreed Monday to settle a Mississippi policyholder’s lawsuit over Hurricane Katrina damage before a...
Oman evacuated tens of thousands Wednesday and closed the major port of Sohar northwest of the capital Muscat, as a...
The South Carolina House has concurred with the Senate on the so-called coastal property omnibus bill and forwarded it to...
A Louisiana House of Representatives committee recently approved two proposals to reduce the number of homeowners insurance policies written by...