Robusto To Assume Role Of CNA’s Chairman And CEO CNA Financial Corporation announced that Dino E. Robusto will assume the role of chairman and chief executive officer on November 21, 2016, succeeding Thomas F. Motamed, who is retiring after eight …
At least 17 dams in North Carolina burst from the rain dumped by Hurricane Matthew, most of them in the Cape Fear River Basin. The News & Observer of Raleigh reports state inspectors knew where the rains could cause catastrophic …
President Barack Obama has officially declared a major disaster for areas in Florida affected by Hurricane Hermine. A news release says Obama signed the disaster declaration last week. The president’s action makes federal funding available to residents and businesses in …
Gov. Andrew Cuomo said Sunday that an explosion that rocked a crowded Manhattan neighborhood, injuring 29 people, doesn’t appear to be linked to international terrorism, and he vowed that authorities would find and prosecute whoever was responsible. He noted that …
In the event of a natural catastrophe, two ports in Nagoya, Japan and Guangzhou, China, would suffer the greatest losses at $2.3 billion and $2 billion respectively, according to RMS analysis of the catastrophe risk associated with the world’s ports. …
RMS has completed groundbreaking analysis to quantify the economic risk to San Francisco’s property from future sea level rise. The analysis was used to inform the city’s recently released Sea Level Rise Action Plan, commissioned by Mayor Edwin Lee, and …
Authorities say flooding that’s claimed eight lives and displaced thousands of people in the Houston area has caused more than $14 million in damage and inundated more than 1,700 homes. They said Friday the damage figures from unincorporated areas of …
XL Catlin Unveils Workplace Violence Coverage for US Businesses XL Catlin announced a new insurance policy to help mid-size companies in the US respond and recover from such incidents. The Occupational Health and Safety Administration (OSHA) estimates that nearly 2 …
Winter Storm Jonas’ message to homeowners – a challenging winter lies ahead. The storm that affected 20 states was the result of a particularly strong El Niño, according to the latest Farmers Insurance Seasonal Smarts Digest. The storm brought a …
Hiscox Expands Terrorism Coverage Hiscox, an international specialist insurer, announced that they have enhanced their stand-alone Terrorism portfolio adding new products covering property damage due to malicious attacks utilizing nuclear, chemical, biological and radiological (NCBR) devices. Hiscox NCBR policies offer …