loss News

This year’s increased number of weather-related catastrophes could lead to a reduction in available experienced catastrophe adjusters should additional disasters occur, and produce increased litigation against adjusters, according to a recent panel discussion on the subject organized by A.M. Best. …

Hartford Financial Services Group Wednesday warned it will badly miss second-quarter expectations after severe losses on natural disasters and a charge to increase its asbestos reserves. Hartford, one of three insurers to receive a government bailout during the financial crisis, …