Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But...
Hurricane Season News
Lloyd’s capacity for the year 2007 has increased to approximately £16 billion ($31.42 billion at current conversion rates), compared to...
Looking to rub elbows with industry leaders? Maurice “Hank” Greenberg will be in Atlanta and Lord Peter Levene of Lloyd’s...
Florida lawmakers wish they could simply outlaw hurricanes. That would solve the state’s insurance crisis. Unfortunately, changing the weather seems...
Marsh Inc. has launched of MaRI (Marsh Risk Innovations), an insurance facility designed to provide additional capacity to the depleted...
Customers of the state’s largest insurer, Citizens Property, would be spared a recent proposed 55 percent increase and see their...
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+”...
With elevated hurricane activity predicted over the next 15 to 20 years, insurers took advantage of last year’s respite to...
The Louisiana Department of Environmental Quality is trying to partner with local governments to dispose of more than 10,000 flooded...
Munich Re isn’t the only major insurance organization to express the industry’s collective sigh of relief as the year 2006...