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Insurers are warned to prepare for hurricane season
NOAA updated forecast calls for 12 to 16 named storms between 1 June and 30 November; says Impact Forecasting’s Steven Drews: “insurance and reinsurance buyers must remember that any storm can cause massive destruction”
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Forecast: The Big One is coming
Geologists say that there is a 99.7 percent chance a magnitude 6.7 quake or larger will strike by 2037; California is one of the most seismically active regions in the world, where more than 300 faults crisscross the state
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Debate over data security breach insurance continues
With more and more stories about data security breaches at major companies with millions of customers, the question arises: Should companies, as part of their business continuity plan, take out data security breach insurance? Industry insiders, analysts offer a range of opinions
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