Just before Charley and Frances wreaked havoc on Florida and surrounding states, the National Oceanic and Atmospheric Administration (NOAA) reiterated...
Hurricanes News
Hurricane Isabel wasn’t all bad, apparently. Martha Jefferson Hospital is reporting record numbers of births for June and July, and...
High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates...
First Responders Once upon a time, the excess and surplus line market was the safety valve of the insurance industry—the...
Even before Charley and Frances, insurers were fleeing the homeowners market for high-risk properties at an alarming pace. Over the...
Kelley Touts Innovation as Core Competitive Advantage Lexington Insurance Co., the excess and surplus line subisidiary of the American International...
Preliminary reports from insurers indicate that Hurricane Frances will produce significantly more claims than Hurricane Charley, but the average claim...
Standard & Poor’s Ratings Services revised its outlook on Clarendon National Insurance Co. and two of its subsidiaries—Clarendon America Insurance...
St. Paul Travelers Cos. announced that it estimated losses from Hurricane Charley to be about $140 million, after tax and...
A.M. Best Co. downgraded the financial strength rating to “B” (fair) from “B++” (very good) of Safeway Property Ins. Co.,...