Hurricane Preparedness Week - Hurricane in Key West

This weekend, review your homeowners insurance for Hurricane Preparedness Week

Saturday and Sunday are wrapping up the awareness week to remind us to be ready for weather. Hurricane Preparedness Week is coming to a close,…

Insurance News on catastrophe insurance losses

The World’s Most Expensive Insurance Claims

Damages add up big time for insurance industry. Insurance policies provide your business with security and assurance that your assets and possessions are accounted for…

Lloyd’s of London reports second largest loss from 2011’s insurance market swing

The insurance market of Lloyd’s of London LOL.UL has reported that it experienced its second largest losses in 2011, following the absorption of record breaking…

Reinsurance companies face tremendous losses

Last year, the reinsurance sector was battered down by huge losses resulting from natural disasters. The disasters that lead to the enormous insured losses included…

Homeowners’ insurance rates increase as a result of last year’s tornadoes

The tornadoes that struck Joplin, Missouri, and other areas in 2011 will now be increasing the homeowners insurance rates as a whole, regardless of whether…

2011 disaster losses break records from previous years

This year was one that brought disasters to areas all around the globe, and these catastrophes came with record breaking bills that have left the…