Severe weather leads to over $1.2 billion in insurance losses in March

Insurance industry gets hit with huge losses for 2012. Global reinsurance intermediary, Aon Benfield, which is also responsible for the Aon plc capital advising, has…

States hardest hit by tornados in the U.S

The tornadoes that struck the South and Midwest American states this week, leaving 13 people dead and injuring many others, have drawn attention to the…

2012 tornado season could be as active as the now notorious 2011

Last year, the U.S. was subject to an unnaturally active tornado season. The season spawned outbreaks of violent windstorms and powerful tornados that cut a…

Hurricane Irene expected to birth higher insurance premiums in the East Coast

Hurricane Irene has come and gone but the storms effects may linger for several years. To date, the storm accounts for an estimated $7 billion…

Damage from the worst tornado season in 50 years in the billions

As the storms of the south begin to relent, residents are beginning the long, arduous path towards recovery. Insurers have assessed the extent of the…

Could be just the beginning as deadly storms rip through the U.S.

Spring storms tore through the southern portion of the states last week leaving massive damage and loss of life in its aftermath. Virginia is no…

Insurance agents and adjusters have their hands full in St. Louis storm ravished areas

Following Friday’s extraordinarily severe weather, teams of insurance and emergency personnel from all around Missouri have gathered in the St. Louis region to better coordinate…