Following two days of severe storms that caused widespread damage in the state and is attributed to at least two deaths, Oklahoma Insurance Commissioner Kim Holland issued an emergency order to speed up claims.

Citing events from the devastating Chilean earthquake to record snowstorms in the Northeast U.S., The Chubb Corp. announced it is estimating losses of nearly $290 million in its first quarter results.

According to USA Today, losses due to natural disaster and severe weather are higher for the first half of this year than for the same period last year. Unfortunately, the …  Read →

A proposed insurance reform bill seeks to let states decide to participate a national catastrophe insurance pool, spreading the risk of natural disasters while also lowering costs for consumers.

Ron …  Read →