Disasters such as floods in Europe, winter storms in the U.S. and typhoons in Asia cost insurance companies $45 billion in 2013, a leading Swiss firm said Wednesday. The sum represents only about a third of the $140 billion in …
Manulife Financial, one of North America’s largest insurers, said its exposure to Hurricane Sandy was manageable and within its risk tolerance. The company, based in Toronto, is primarily a life insurer, but it also provides property and casualty reinsurance, meaning …
The Federal Emergency Management Agency is reimbursing the Colorado State Forest Service for 75 percent of the cost of the Fourmile Canyon and Reservoir fires. Sen. Mark Udall says the money is needed to help communities recover. The agency is …
A study of a devastating Colorado wildfire says advance work to create fire breaks had little impact on the behavior of the blaze but did provide safe transpiration routes. The 2010 Fourmile Canyon Fire west of Boulder was the most …