Markets
Tropical Storm Cristobal Veers Away From U.S.
Tropical Storm Cristobal slowly moved north in the Atlantic, dumping heavy rain on the Bahamas and Turks and Caicos islands on a track away from the U.S., the National Hurricane Center said. ...
MAPFRE’s U.S. Arm Jumps Into Life Insurance Market
The U.S. arm of Spanish insurance giant MAPFRE Group is getting into the life insurance business. MAPFRE U.S.A., the 19th largest provider of personal automobile insurance in the United States, said ...
EQECAT: Napa Valley Quake Insured Losses Could Reach $1B or More
The magnitude 6.1 earthquake that struck Napa Valley and the San Francisco Bay area of California could end up causing between $500 million and $1 billion of insured losses or more, according an ...
Zurich, AIG and ACE Among Insurers Likely Hit by Napa Valley Quake
The earthquake that struck northern California yesterday will lead to economic losses of as much as $4 billion, fueled by damaged wineries and shuttered businesses that rely on tourists. Insurers ...
Iceland Retracts Volcanic Eruption Warning But Monitoring Continues
Iceland is monitoring rumbling at the Bardarbunga volcano for a second week after it yesterday retracted an announcement of an eruption and eased a warning to airlines over a possible ash plume. The ...
Deadly Landslides Hamper Hiroshima Rescue Efforts
Military, police and fire personnel searched through the night for missing victims after downpours in Hiroshima triggered a series of deadly landslides this week. The death toll rose to 42, with 43 ...
Best and Worst Performing Regional Carriers: Assured Research
Which regional carriers made an underwriting profit in 2013? Analysts at Assured Research listed the Top 5 and Bottom 5 private and public regional insurers based on statutory combined ratios. (Click ...
Winds Blowing West, Southwest for Regional Carrier Growth
The wide open spaces of the West and Southwest are beckoning some U.S. property/casualty insurers looking to grow premium volumes in previously uncharted territories, according to a new analysis of ...