insurance industry winter snow ice

Insurance industry is seeing a hugely costly winter

Some have said that this will be among the 5 most expensive winters in over 30 years. The Insurance Information Institute has now released its…

tornado insurance Oklahoma

Insurance industry could face losses of $5 billion from storms

American insurers may be facing a growing number of severe weather issues such as tornadoes. According to the disaster modeling company, Eqecat, the United States…

insurance news - atlantic hurricane season

Insurance news from Swiss Re reveals Sandy and extreme weather loss estimates

The Superstorm and other disasters were found to have caused $77 billion in insured losses. The second largest reinsurer on the globe has issued its…

Lloyds Bank Insurance Industry News

Insurance industry costs weren’t kind to Lloyds Banking

The expenses from that sector have led the company to experience a loss in 2012. Lloyds Banking Group has been able to essentially slash its…

Natural Disaster damage insurance trends

Aon report focuses on impact of US natural disasters

US disasters deal costly blow to global insurance industry, according to Aon Aon Benfield, a leading reinsurance and catastrophe modeling firm, has released its latest…

Hurricane Sandy flood insurance

Hurricane insurance losses from mammoth storm reaches billions

Sandy left a wide path of destruction in her wake when it slammed the U.S. North East. Although residents of the North Eastern United States…