Allstate’s April-May Catastrophe Losses Top $2 Billion June 16, 2011 Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it lost $2 billion in April and May...
State Farm Storm Claims in Hundreds of Thousands May 31, 2011 State Farm says it has paid almost $1 billion on about 300,000 catastrophe claims from devastating storms across the central...
Oklahoma Schools Insurance Rates Go Up After Storms May 23, 2011 More than 400 Oklahoma schools have received notices of expected insurance rate increases averaging 19.5 percent. The notice from the...
NOAA Forecasts ‘Above Normal’ Atlantic Hurricane Season May 20, 2011 By Christopher Doering The 2011 Atlantic hurricane season will be “above normal”, spawning six to 10 hurricanes of which around half could become...
Arkansas Restricts Insurance Policy Cancellations May 6, 2011 In the aftermath of devastating April storms, the Arkansas Insurance Department has issued a 60- day moratorium on the cancellation/non-renewal...
Obama, Cabinet Vow Urgent Aid for Storm-Battered Southern States May 1, 2011 By Peggy Gargis Federal officials vowed urgent support Sunday for a region devastated by the deadliest U.S. natural disaster since Hurricane Katrina, even...
2010 Nat Cats, Disasters Cost $218 Bn – $43 Bn Insured; Says Swiss Re March 29, 2011 According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were $218 billion in...
Damage Claims Threaten Munich Re’s 2011 Profit Goal March 10, 2011 Heavy damage claims from an earthquake, floods and a storm this year will put Munich Re’s full-year profit goal at...
Australian Natural Disasters Spark Renewed Call Action on Climate Change February 4, 2011 An architect of Australia’s stalled climate change policy has linked the nation’s recent natural disasters with global warming and called...
Catlin Readies Launch of 3rd Arctic Survey; Focused on World’s Ocean Currents January 26, 2011 Bermuda-based, London headquartered insurer Catlin announced the launch of its third Arctic Survey, which it said “will focus on evolving...