Insurance JournalUp to the minute insurance news and magazine archives for property casualty insurance professionalsACE Comments on Impact of Midwest Floods on Crop Insurance Results- June 24, 2008 Bermuda-based ACE Limited has announced that, based on current estimates, the impact of the recent floods in the Midwestern U.S. "will have a negligible impact on both second quarter and full-year earhttp://www.insurancejournal.com/news/international/2008/06/24/91267.htm Demotech, IJ Salute 152 Super Regional PC Insurers- June 24, 2008 There are 152 Super Regional PropertyCasualty Insurers in the country, with American Family Mutual Insurance Co. at the top of the lishttp://www.insurancejournal.com/news/national/2008/06/24/91255.htm California Firefighters Battle More Than 800 Blazes; Evacuations Ordered- June 24, 2008 Hundreds of wildfires sparked by lightning have flared across the heart of wine country and remote forests in Northern California, the latest batch of destructive blazes in the bone-dry state. As of Mhttp://www.insurancejournal.com/news/west/2008/06/24/91257.htm Cat Bond Markets Resist Credit Crunch- June 24, 2008 Forced asset sales that have frozen major markets in the credit crisis have caused barely a ripple in the $22 billion catastrophe bond market this year and instead only enhanced its liquidity. Goldhttp://www.insurancejournal.com/news/international/2008/06/24/91263.htm Davenport Estimates Flood Damage at Nearly $4.5 Million- June 24, 2008 Davenport, Iowa city officials estimate that they will be forced to spend nearly $4.5 million on flood damages, clean up and future protection efforts. The Mississippi River is still swollen at thhttp://www.insurancejournal.com/news/midwest/2008/06/24/91277.htm |