Hurricanes Offer Lessons for Builders March 27, 2013 By JANET McCONNAUGHEY A federal engineer examining the lessons from Hurricane Sandy says findings after the October storm closely track the disaster of...
AIG Obtains $400 Million of Reinsurance Coverage January 10, 2013 AIG announced that it has entered into a reinsurance transaction with Compass Re Ltd., which will provide $400 million of...
More Louisiana Property Owners Move to Private Insurers January 9, 2012 By ALAN SAYRE Fresh data shows Louisiana’s insurer of last resort keeps churning away on getting private insurers to pick up policyholders, a...
Cuba to Grant Home Repair Subsidies January 6, 2012 By ANDREA RODRIGUEZ Cuba is launching a plan to subsidize the construction and repair of private homes, an effort the communist government hopes...
Chartis Obtains $575 Million of Reinsurance Coverage December 7, 2011 Chartis today announced that it has entered into a reinsurance transaction with Compass Re, which will provide $575 million of...
AIG Loses $4B on Planes, Weak Markets November 4, 2011 By Ben Berkowitz Insurer American International Group lost more than $4 billion in the third quarter, as its aircraft leasing unit took an...
How to Reduce Roof Damage from Hurricane’s Wind-Driven Water August 25, 2011 Wind-driven water like that occurring during Hurricane Irene penetrates openings in residential roofs but roof decks seams can be sealed...
Mexico Buys $400M of Disaster Insurance June 13, 2011 Mexico Friday announced that it has bought more than $400 million worth of insurance to protect vulnerable areas from the...
Report: Hurricanes Pose Risk to 1.8M Coastal Homes May 4, 2011 More than 1.8 million homes along the Gulf and Atlantic coasts are at great risk of being damaged by a...