Zurich Financial Services Group (Zurich) announced that it expects aggregate claims payments related to Hurricane Katrina of approximately $600 million after tax. This figure is net of reinsurance recoverables. It includes reinsurance restatement premiums and is based on an estimated …
Louisiana Commissioner of Insurance Robert Wooley announced that Gov. Kathleen Babineaux Blanco signed an executive order that allows him the temporary authority to implement certain emergency insurance rules in the wake of Hurricane Katrina and its aftermath. Section 4 of …
ISO has released guidelines to insurance companies reporting Hurricane Katrina claims to the ISO ClaimSearch system in response to inquiries from claims departments wanting to know the best way to report and what information is important. With hundreds of thousands …