Credit Suisse: Hurricane Irmas Cost Could Reach $125 Billion
While how much damage Hurricane Irma will cause once it hits land is still very much in doubt, one scenario has emerged that puts the cost at record levels.
September 8, 2017
Auto
Catastrophe
Marine
Property
Florida
Monstrous Hurricane Irma Kills 14 In Caribbean, Heads For Florida
The eye of Hurricane Irma grazed the Turks and Caicos Islands on Thursday, rattling buildings after it smashed a string of Caribbean islands as one of the most powerful Atlantic storms in a century, killing 14 people on its way to Florida.
September 8, 2017
Auto
Catastrophe
Marine
Property
Florida
There Are Now Three Hurricanes In The Atlantic Basin
All eyes are on Hurricane Irma as it rampages through the Caribbean, but its not alone. Tropical storms Jose and Katia strengthened Wednesday afternoon, bringing the number of hurricanes churning in the Atlantic basin to three.
September 7, 2017
Auto
Catastrophe
Excess & Surplus Lines
Marine
Property
Florida
Georgia
North Carolina
South Carolina
Hurricane Irma Kills 9 In Caribbean Islands As Florida Awaits Storm
Hurricane Irma hammered a string of northeast Caribbean islands, thrashing them with rain and winds of up to 180 mph, and leaving at least nine people dead.
September 7, 2017
Auto
Catastrophe
Excess & Surplus Lines
Marine
Property
Florida
Whats The Latest Hurricane Irma Track?
Hurricane Irma is on a crash course with Florida, according to the latest projections by the National Hurricane Center. Irmas veering north into Florida has seemed likely for a few days, but the 8 a.m. Wednesday update by the NHC gives it more certainty, though theres always a chance hurricanes will behave unpredictably.
September 6, 2017
Catastrophe
Marine
Property
Florida
Keys Emergency Manager: “You Must Evacuate, You Cannot Afford To Stay”
Evacuation orders are being given in the Florida Keys as Monroe County emergency managers prepare for Hurricane Irma. Key West International Airport will close Wednesday night, cancelling all commercial flights until further notice.
September 6, 2017
Catastrophe
Marine
Property
Florida
Houston Port Continues Salvage Efforts To Recover From Harvey Damage
Salvage efforts continued on Monday to remove a sunken drydock in an industrial portion of the Houston Ship Channel, home to major oil refineries and petrochemical plants, officials said.
September 5, 2017
Excess & Surplus Lines
Marine
Salvage
Texas
Tropical Storm Harvey Makes 2nd Landfall Just West Of Cameron, Louisiana
Tropical Storm Harvey made a second landfall just west of Cameron, La., early Wednesday, although any flooding was expected to be nowhere near levels that have devastated this battered city, forecasters said.
August 30, 2017
Catastrophe
Marine
Property
Louisiana
Texas
Tropical System Has 90 Percent Chance Of Developing In Eastern Atlantic
A weather system off Africa thats being monitored by the National Hurricane Center is likely to develop as it approaches the eastern Atlantic Ocean, forecasters said Tuesday.
August 29, 2017
Marine
Property
Florida
Texas Has Never Seen An Event Like Harvey, FEMA Chief Says
Swollen rivers in east Texas arent expected to crest until later this week, but federal officials are already predicting Tropical Storm Harvey will drive 30,000 people into shelters and spur 450,000 victims to seek some sort of disaster assistance.
August 28, 2017
Auto
Catastrophe
Marine
Property
Texas
Pollution Exclusion Shields Travelers In Carbon Monoxide Poisoning
A Travelers Cos. Inc. unit is not obligated to provide coverage in an incident in which carbon monoxide that flowed from a recreational fishing boats engine killed two men and injured a third, because of its policys pollution exclusion, says a federal appeals court, in affirming a lower court ruling.
August 15, 2017
Liability
Litigation
Marine
Minnesota
Missouri
Carman Insurance Case Witnesses Scared To Testify
The unsolved deaths of Nathan Carmans mother and grandfather are spooking witnesses from an insurance company thats fighting him in court over his $85,000 claim for the boat that disappeared with his mom.
August 7, 2017
Litigation
Marine
Rhode Island
Man Indicted For Insurance Scams Involving Aircraft, Autos And A Boat
The pilot of a Beech Baron involved in a highly publicized ditching in the Gulf of Mexico in 2012 has been indicted for insurance fraud. Theodore Wright and two other men, Shane Gordon and Raymond Fosdick, have been charged with several counts as part of a larger investigation that also involved an old Citation, an exotic car and a boat.
July 31, 2017
Auto
Excess & Surplus Lines
Fraud
Marine
Texas
Cyber Attacks Underscore Risks To Maritime Shipping Industry
With over 90% of the worlds trade being carried by sea, insurance industry analysts warn that the shipping industry is a prime target for cyber attack. Last month, a division of Danish transport company A.P. Moller-Maersk was hit by a cyber attack that affected several port terminals, including in the United States, India, Spain and the Netherlands.
July 11, 2017
Excess & Surplus Lines
Marine
Charleston Firefighters Investigate Boat Explosion At Marina
Authorities are working to figure out what caused a boat to explode and catch fire at the Harborage at Ashley Marina Monday morning.
May 30, 2017
Marine
South Carolina



