All the headlines from our Earthquake Topic Page, ordered by recency.
Jan 5 2011 // Swiss Re has obtained another $170 million in protection through the Successor X Ltd. catastrophe bond program, covering Australia earthquake, North Atlantic hurricane and California earthquake risks.“The combination...
Dec 30 2010 // As California’s third elected insurance commissioner, Steve Poizner has had a wealth of accomplishments. Among other things, he: reduced the Department of Insurance’s operating budget by 13 percent, which...
Dec 28 2010 // Chartis announced that it has entered into a reinsurance transaction with Lodestone Re, which will provide $450 million of protection to Chartis against U.S. hurricanes and earthquakes.“This represents a substantial...
Dec 23 2010 // In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates up, said Kevin...
Dec 17 2010 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has released its Annual Global Climate and Catastrophe Report, which reviews the natural disaster perils that occurred worldwide...
Dec 16 2010 // California and federal emergency responders have signed a plan designed to respond to a disastrous earthquake in Southern California. A similar state-federal pact was developed two years ago for dealing with a quake in...
Dec 13 2010 // Risk Management Solutions announced that it has successfully conducted the expert risk analysis for the second issuance of the Atlas VI bond (Series 2010-I Class A Notes) sponsored by French reinsurer SCOR Group.The...
Nov 30 2010 // According to initial estimates from Swiss Re’s sigma research team, worldwide economic losses from natural catastrophes and man-made disasters totaled $222 billion in 2010; more than triple the 2009 figure of $63...
Nov 24 2010 // Officials say there’s no clear explanation for what may have prompted several earthquakes near Frametown earlier this year. Some have speculated that the cluster of small earthquakes was linked to local gas...
Nov 22 2010 // A series of earthquakes, including one with a magnitude of 3.9, has rattled parts of Central Arkansas. The U.S. Geological Survey reported a number of temblors near Guy on Saturday, with magnitudes ranging from 1.7 to...
Nov 12 2010 // The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines.The bulletin said: “Group-wide net premiums earned increased by 13 percent...
Nov 1 2010 // $300,000Amount members of the Independent Insurance Agents and Brokers of Washington have put toward the campaign to pass Washington voter initiative I-1082. The initiative would open up the state workers’...
Oct 29 2010 // Scientists want to know just how much shaking is going on in California house.The U.S. Geological Survey issued a request this week for volunteer homes in Southern California to host one of its earthquake sensors. The USGS...
Oct 27 2010 // The earthquake and the subsequent tsunami, which struck the Mentawai Islands off of the Indonesian island of Sumatra has left at least 272 dead, with over 400 people still reported missing.Indonesian authorities are also...
Oct 21 2010 // The election for California Insurance Commissioner is a weighty one. The person selected will be in charge of regulating the approximately 1,500 insurance companies doing business in the state. Assemblyman and Republican...
Oct 21 2010 // On November 2, Californians will select a new insurance commissioner, charged with regulating the fourth-largest insurance market in the world at about $160 billion. Assemblyman and Democrat Dave Jones recently shared why...
Oct 21 2010 // More than 7.7 million people are expected to shake, drop, cover and hold on in the country’s largest earthquake drill in history.The Great California ShakeOut is an earthquake drill in which participants practice how...
Oct 19 2010 // Aon Benfield launched a market update for the key Asia Pacific reinsurance hubs of Australia/New Zealand, Japan, Singapore and China at the recently concluded East Asian Insurance Congress (EAIC) in Bali.The announcement...
Oct 18 2010 // Unlike many voters, the hundreds and thousands of independent insurance agents and brokers in California know the November 2 election will be a pivotal one. After all, on that day, Californians will select a new insurance...
Oct 18 2010 // Republican Mike Villines was elected to the California Assembly in 2004 to represent the counties of Fresno and Madera. He serves on the board of the State Legislative Leaders Foundation, a nonprofit organization that...