IFAwebnews » hurricane

Absent big storm, ‘soft’ property-casualty market to continue

Bob Graham — Thu, 29 Jul 2010 11:12:56 +0000

All it would take, says a property-casualty insurance expert, is one big storm to end the soft market. Otherwise, risk managers can expect the soft market to continue indefinitely, according to RIMS.

Absent big storm, ‘soft’ property-casualty market to continue via IFAwebnews.

Eight insurers carry the most coverage in hurricane-prone states

Bob Graham — Wed, 14 Jul 2010 12:47:52 +0000

Eight property-casualty insurers dominate the market for insurance coverage in most hurricane-prone states, according to Weiss Ratings.

Eight insurers carry the most coverage in hurricane-prone states via IFAwebnews.

‘Bad adjusting work’ means reopened Hurricane Katrina cases

IFAwebnews Staff — Mon, 05 Jul 2010 12:02:54 +0000

Faulty insurance claims adjusting work is being linked to the increased number of reopened insurance cases involving Hurricane Katrina in 2005.

‘Bad adjusting work’ means reopened Hurricane Katrina cases via IFAwebnews.

NFIP to cover oil in hurricane-driven flood waters, FEMA says

Keith L. Martin — Tue, 15 Jun 2010 12:41:13 +0000

If oil from the massive spill in the Gulf of Mexico is mixed with flood waters, it will be covered under the National Flood Insurance Program.

NFIP to cover oil in hurricane-driven flood waters, FEMA says via IFAwebnews.

Texas windstorm insurer wants immunity from hurricane lawsuits

IFAwebnews Staff — Tue, 17 Nov 2009 14:00:11 +0000

Facing hundreds of civil suits over hurricane-related damage, a Texas property-casualty insurer is seeking immunity from penalties in court.

Texas windstorm insurer wants immunity from hurricane lawsuits via IFAwebnews.