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Rate hikes are on the way for reinsurers and insurers, Morgan Stanley asserts in a new research note, echoing predictions of others in the wake of record catastrophe losses for 2017. Morgan Stanley ...
A large earthquake along the San Andreas fault impacting both Northern and Southern California at the same time could wreak much more havoc than previously thought. In fact, such an event was ...
Scientists are virtually certain that California will be rocked by a strong earthquake in the next 30 years. And now they say the risk of a mega-quake is more likely than previously thought. The ...
As far as natural perils go, it was mostly about earthquakes in August, with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield's Impact Forecasting ...
With some time to assess the situation, insured losses from the Napa Valley earthquake may end up a little more reasonable than initially thought. Catastrophe modeling firm RMS predicted that insured ...
During Sunday's 6.0 magnitude earthquake, some $75,000 worth of bottles of wine, rum and whiskey flew off the shelves of Aiyaz Masani's liquor store in Napa, California. He estimates about half his ...
Municipal-bond investors are trading a record amount of debt from Napa County, California, in a sign that some may be concerned about damage from the strongest earthquake to hit the wine-growing area ...
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 ...
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 ...
The strongest earthquake to strike northern California in 25 years crumpled historic buildings, cracked roads and highways and damaged wineries in the world- renowned Napa Valley. Scores of people ...
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