The communities in the Northeast most gravely affected by Superstorm Sandy include some of the wealthiest towns in the nation: For practically every bungalow destroyed by the storm surge, a million-dollar beachfront mansion was also claimed.
The first challenge of Floridas reform to its personal injury protection system has failed with a denial of an injunction that would have stopped the laws implementation.
The first challenge of Floridas reform to its personal injury protection system has failed with a denial of an injunction that would have stopped the laws implementation.
Catastrophe modeler Risk Management Solutions says indications are its latest hurricane modelwhich rattled the industrys perception of possible losses when it was released in 2011has thus far performed well following Superstorm Sandy.
Catastrophe modeler Risk Management Solutions says indications are its latest hurricane modelwhich rattled the industrys perception of possible losses when it was released in 2011has thus far performed well following Superstorm Sandy.
Ace says it expects $380 million in fourth-quarter catastrophe losses from Superstorm Sandy, while the storm took a $95 million toll on results for Montpelier Re Holdings.