Markel Corporation announced Wednesday that Richard R. Whitt III, Co-Chief Executive Officer of Markel, p...
Verisk Expects Japan's Earthquake Will Cost Insurers $2B-$4B
Verisk Expects Japan's Earthquake Will Cost Insurers $2B-$4B
The magnitude 7.3 earthquake that struck off the coast of Japan last week is expected to cost insurers $2-$4 billion in property losses, according...
Article / 2 months ago
Near-Normal Tropical Storm Activity Predicted Through Sept. 1
Near-Normal Tropical Storm Activity Predicted Through Sept. 1
Researchers from Colorado State University see near-normal tropical storm activity in the Atlantic Ocean, Caribbean and Gulf of Mexico...
Article / 9 months ago
COVID Variant, Disasters Cripple Global Supply Chains
A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South A...
Article / 10 months ago
Claims Trends, Risk Exposures Face Long-Term Changes Due to Pandemic: ...
Claims Trends, Risk Exposures Face Long-Term Changes Due to Pandemic: AGCS
The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and risk...
Article / 2 years ago
P/C Insurance Industry Is Least Affected by Coronavirus Pandemic: Stan...
P/C Insurance Industry Is Least Affected by Coronavirus Pandemic: Standard & Poor's
P/C insurance is the least-impacted industry by the coronavirus pandemic, at least so far, according to an analysis from S&P Global Market Intelligence...
Article / 2 years ago
Insurers Worry Canada's Climate Change Flood Mapping Work Will Take To...
Insurers Worry Canada's Climate Change Flood Mapping Work Will Take Too Long
Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will mov...
Article / 2 years ago
Sydney's Wildfire Smoke Declared a 'Public Health Emergency'
Sydney's Wildfire Smoke Declared a 'Public Health Emergency'
The smoke blanketing Sydney is a “public health emergency,” according to a coalition of Australian doctors and researchers who say climate change...
Article / 2 years ago
Fire Tornadoes Becoming More Common in Australia, Thanks to Climate Ch...
Fire Tornadoes Becoming More Common in Australia, Thanks to Climate Change
Fire tornadoes are set to become a more common feature of the Australian landscape as climate change takes hold later this century. That’s according to new research...
Article / 3 years ago
Climate Change Strengthening El Niños: Study
Climate Change Strengthening El Niños: Study
Climate change is making stronger El Niños, which change weather worldwide and heat up an already warming planet, a new study finds...
Article / 3 years ago
This Time, Bermuda Avoids Major Damage From a Hurricane
This Time, Bermuda Avoids Major Damage From a Hurricane
Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite...
Article / 3 years ago