The Lloyd’s delegation, currently attending the World Economic Forum in Davos, Switzerland, will be part of a panel discussion examining...
Hurricanes News
The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6 billion to cover claims and expenses...
The wait for federal standards for home building is hampering Louisiana’s hurricane reconstruction efforts, according to Louisiana Gov. Kathleen Blanco....
Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm...
U.S. property/casualty insurers are expected to pay homeowners and businesses a record $56.8 billion for 2005 insured property losses from...
The Hartford Financial Services Group Inc. reported fourth quarter 2005 net income of $474 million, or $1.53 per diluted share....
“Catastrophe models are useful, but have their limits,” says a comment on the Lloyd’s Web site (www.lloyds.com). “That is the...
Floridians could buy flashlights, tarps, radios, batteries, generators and other hurricane necessities tax free the week before the storm season...
A state district judge in Austin, Texas, has ruled Allstate will not have to cover the living expenses of evacuees...
Peoria, Illinois-based RLI Corp. recently reported record 2005 net earnings, while at the same time announcing the company’s decision to...