property insurance News
AIR Worldwide: Unusual Circumstances Behind Floods in France, Germany, Belgium
Officials have only begun to tally economic and insured losses after widespread flooding hit much of France, Germany and parts of Belgium. But catastrophe-modeling firm AIR Worldwide said the ...
The U.S. Mortgage Insurance Market Has a New Player: JLT Re
Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to offer insurance and reinsurance to government-sponsored entities, mortgage ...
Colorado State Forecasts 12 Named Storms for the 2016 Atlantic Hurricane Season
The coming Atlantic hurricane season should produce a near-average 12 named storms before it ends in November, according to Phil Klotzbach, lead author of the pioneering Colorado State University ...
Houston Floods Kill at Least 8 and Destroys Hundreds of Homes; More Rain Likely
At least eight people have died and some 1,150 homes have been damaged in flooding triggered by torrential downpours in the Houston area this week, officials said on Wednesday, as forecasts called ...
Zika Virus Raises Numerous International Liability Concerns: Marsh
Insurers must prepare for numerous liability risks as the Zika virus continues to spread internationally, a Marsh executive cautions. "Organizations in a number of industries – including ...
MGAs Next to Feel Capital Markets Impact: AmWINS’ DeCarlo
Now that traditional reinsurers are adjusting to the idea that third-party capital providers have moved into their space, managing general agents may be next to feel the negative impact of new ...