St. Paul Travelers and its member company First Floridian have mobilized their Catastrophe Response Team to assist policyholders that may be affected by Hurricane Wilma. The company has deployed team members to Tampa and Orlando in order to move quickly …
Federal and state assistance to Alabama in the wake of Hurricane Katrina topped $350 million Thursday as officials included the cost of 89 recovery missions launched by various agencies since the disaster declaration was issued by President Bush Aug. 29. …
Allstate Corp. has issued a direct challenge to the lawsuit filed last week by Mississippi Attorney General Jim Hood in which it refutes the charges made by the attorney general. On Sept. 16, Hood sued Allstate Property and Casualty Co., …
Risk Management Solutions announced Friday that insured losses from Hurricane Katrina are estimated to be $40-$60 billion, of which $15-$25 billion are related to the Great New Orleans Flood. Total economic losses are now expected to exceed $125 billion. On …
Liberty Mutual Group will continue to insure homes and automobiles damaged in the hardest-hit areas by Hurricane Katrina, even if customers are unable over the next few months to make premium payments. Liberty Mutual has temporarily suspended billing for customers …
In response to Hurricane Katrina, A.M. Best Co. has begun to aggregate public and private information in order to assess the financial impact it will have on the global property/casualty insurance and reinsurance industry. A.M. Best expects that virtually all …
Policyholders with questions regarding their coverage for damage caused by Hurricane Katrina should contact their insurance agent or company representative. To assist consumers, special toll-free numbers have been set up by insurance companies. This and other hurricane-related information can be …
Flooding from Hurricane Ivan’s rain and storm surges prompted more than a billion dollars in claims, making it the costliest hurricane of 2004, U.S. officials said. Ivan’s damage also made it the third most costly natural disaster in U.S. history, …
A company with a nationwide network of specialist drycleaners has won one of the insurance industry’s biggest awards. The Certified Restoration Drycleaning Network (CRDN UK) was crowned Service Provider of the Year at the British Insurance Awards at the Royal …
Crawford & Company, an independent claims management solutions provider, announced that its United Kingdom operations have been nominated for two British Insurance Awards. The categories that Crawford has been nominated for are: – The Major Loss Award – The Claims …