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...
Insurers Pay Out $1.13B for Joplin Tornado Damage November 29, 2011 Insurers have spent about $1.13 billion in claims tied to the Joplin tornado and payouts continue to grow. The head...