Analysts at ratings firm AM Best said they expect the insured losses from the tornadoes that devastated central and southern U.S. last weekend will dampen underwriting results for insurers but that insurers will be able to absorb them, even though …
Authorities say a weekend tornado that touched down in southwest Florida with winds up to 135 mph damaged several homes, left thousands without power for a time, but caused no serious injuries or deaths. Police say the tornado caused scattered …
A little more than four years after a powerful tornado destroyed most of Smithville, Miss., Monroe County residents are cleaning up from another twister. Monroe County Emergency Management Agency Director Robert “Bunky” Goza said no one was killed or injured …
New York is looking into creating its first statewide early warning system for tornadoes. A bill signed into law by Gov. Andrew Cuomo directs a review into the feasibility of installing a system. The system could involve piercing sirens at …
As it warned earlier, Hartford Financial Services Group saw its profit fall in the second quarter due to large catastrophe losses and a charge to increase asbestos reserves. Overall, The Hartford reported a net profit of $24 million for the …
