Natural Disaster damage insurance trends

Natural disaster damage is causing the insurance industry to struggle

Insurers are facing growing challenges with the cost of environmental catastrophes from fire to flooding. A new statement from the Insurance Bureau of Canada has…

Austrailia Has Seen it's Share of Natural Disaster insurance

The cost of natural disaster insurance hasn’t been this low in 6 years

Global insurers saw the lowest expenses associated with those catastrophes they’ve seen since 2009. According to the largest reinsurance company on the planet, last year’s…

Natural disasters and insurance

Disasters have an impact on the insurance industry Natural disasters do not only affect a certain type of person; they also have an impact on…

Climate change becoming a major focus for the global insurance industry, according to Munich Re

Last year has garnered major notoriety for the number and severity of natural disasters it played host to. 2011 has become widely recognized in the…

2011 breaks record for most federal disaster declarations in nation’s history

This year has broken the record for federal disaster declarations according to the Insurance Information Institute, and the year is not over yet. While 2010…