Report: Wildfires Pose Risk to Three-Quarter-Million Western U.S. Homes September 10, 2012 By Don Jergler More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to...
Swiss Re Report Analyzes Rise in Flood Losses – $15 Billion and Counting September 6, 2012 A new report from Swiss Re underscores the fact the “insured flood losses have increased from $1–2 billion in 1970...
U.S. Insured Losses from Hurricane Isaac Could Reach $2B: AIR August 31, 2012 Catastrophe modeling firm AIR Worldwide estimates that insured losses from Hurricane Isaac to onshore properties in the U.S. will be...
Fitch Notes Reinsurers More Risk-Focused For More Asian Catastrophes August 23, 2012 Fitch Ratings has issued a statement which points out that the “spate of Asia-Pacific catastrophes in the past two years...
Spirit AeroSystems’s Insurance Claim From Tornado Is Around $400M July 22, 2012 Spirit AeroSystems in Wichita, Kan., estimates its insurance claim from an April tornado will be about $400 million. The company...
UK Insurers Paying $26.6 Million a Day for June Floods ABI Reports July 19, 2012 Insurers are set to pay up to £500 million [$782.3 million] or £17 million [$26.6 million] every day – to...
Report: Insured Losses in Colorado Wildfires Nearly $450 Million July 17, 2012 By Don Jergler The two most destructive wildfires in Colorado’s history will cost insurers roughly $450 million, a regional insurance association said on...
6 Month Insured Losses at $12 Billion; Nat Cats Less Costly: Munich Re July 13, 2012 Natural catastrophe losses were “relatively moderate” in the first six months of 2012, concludes Munich Re’s assessment for the first...
June’s Severe Weather Losses Near $2 Billion in U.S.: Aon Benfield July 10, 2012 U.S. severe weather insurance losses were close to $2 billion in June, according to Aon Benfield’s Global Catastrophe Report. Published...
Taking Account of Colorado’s Wildfires July 6, 2012 By Don Jergler As adjusters and homeowners have increasing access to fire damaged areas at the Waldo Canyon Fire in Colorado just how...