Hurricane Sandy Losses Expected to be Worse Than Irene October 30, 2012 By Ben Berkowitz Hurricane Sandy appears to have easily caused more losses than last year’s Hurricane Irene, but final totals will be hard...
U.S. Insurers Prepare for Impact of Hurricane Sandy October 29, 2012 By Ben Berkowitz Insurers say they are making the usual preparations for a hurricane – activating claims teams, staging adjusters near the locations...
Powerful Earthquake Off British Columbia Causes Little Damage: AIR October 29, 2012 According to catastrophe modeling firm AIR Worldwide, a powerful 7.7 magnitude earthquake struck off British Columbia’s north-central coast, shaking regions...
Early Isaac Losses Estimated at $1.5B August 30, 2012 By Ben Berkowitz Hurricane Isaac has caused up to $1 billion in economic losses for offshore energy properties and up to $1.5 billion...
Aon: Severe Weather Insured Losses Near $2B in June July 12, 2012 Insured losses due to catastrophic weather events near $2 billion in June, according to Aon Benfield’s latest edition of its...
Severe Weather Insured Losses Approach $1B in April May 4, 2012 A series of severe weather events across central and southern sections of the United States in April caused upwards of...
Georgia Preliminary Storm Damage Estimate at $40M March 8, 2012 Georgia’s state insurance commissioner says the estimate to repair damage from Friday’s storms has hit $40 million in insured losses....
Insurance Claims From Recent Tornadoes May Top $1B March 6, 2012 March came in like a very large and powerful lion, spawning severe weather across the Midwest, interior south and southeast...
Hailstorms, Heat and Wildfires Made 2011 a Rough Year in Texas January 30, 2012 With weather forecasters issuing severe weather alerts for Texas as a slow moving cold front rolls across the state, many...
Losses from Bastrop, Texas, Wildfire Rise to $325M December 12, 2011 More than half of the homeowner insurance claims have been settled in the Bastrop (Texas) Complex Wildfire that occurred over...