Catastrophe & Restoration

Insurers are beginning to see claims come in as Arizona residents return to their homes after the Wallow wildfire.

With the help of our readers, I'm bringing you one adjuster's narrative of a scene he encountered during this ugly catastrophe season of 2011, in an effort to illustrate the good things being done by our industry.

Greenwich, Conn.-based insurer W. R. Berkley Corp. says its estimated pre-tax losses for April and May U.S. storms are $65 million.

A BP PLC contractor has agreed to pay the British oil giant $75 million to settle all potential claims between the companies over last year's deadly rig explosion and the massive oil spill.

Heavy rains and strong winds from Hurricane Beatriz pounded resorts and beaches on Mexico's Pacific coast late Monday.

The Chubb Corporation says it expects losses of between $250 million and $310 million, pretax, for April and May U.S. storms.