Study: Hurricane Andrew Three Times as Costly in 2012 August 22, 2012 There have been 28 storms in U.S. history since 1900 which if they were happen today would each cause $10...
Travelers Misses Estimates on Disaster Losses July 19, 2012 Travelers Cos Inc reported a second-quarter profit on Thursday but missed Wall Street expectations, as the insurer’s catastrophe losses fell...
Chubb Expects Up to $240M in 2nd Quarter Cat Losses July 11, 2012 The Chubb Corp expects to report $200 million to $240 million in catastrophe losses for the second quarter, before taxes,...
XL Group’s Preliminary Loss Estimates for Thailand Floods Close to $185M January 12, 2012 XL Group plc announced preliminary net loss estimates related to the widespread floods in Thailand that reached their highest point...
Winter Holiday Season Keeps Adjusters Busy December 22, 2011 By Denise Johnson Though summer weather is associated with devastating catastrophe losses, the winter holiday season can be equally busy for insurance adjusters....
State Auto’s Third Quarter Catastrophe Losses Estimated at $63M October 18, 2011 Ohio-based, regional insurance carrier State Auto Financial Corporation (STFC) announced its preliminary estimate of the impact of catastrophe losses on...
Insurer Catastrophe Claim Payouts Nearly $25B This Year October 3, 2011 There are still three months left in 2011, and hurricane season is not over until November 30, yet this year...
American Family Pays $1 Billion in Storm Payments September 12, 2011 A Madison-based insurance company’s catastrophe related losses have hit the $1 billion mark for a single year. It’s only the...
Travelers Posts Loss After Devastating Tornadoes July 21, 2011 Travelers Cos Inc reported a second-quarter loss, missing analysts’ estimates by a huge margin as the property insurer suffered more...
Munich Re: Catastrophe Costs Set to Reach Record in 2011 July 12, 2011 The total costs associated with natural catastrophes will reach a record this year after an earthquake in Japan pushed first-half...