Flooding
FSA finds leaky flood cover
The Financial Services Authority has warned that general insurers may not be treating customers fairly when communicating policy terms on flood cover.
California mudslide could cost nearly $5bn
The mudslide that is threatening homes in Southern California could cost homeowners nearly $5bn, First American Core Logic has said.
ABI: Winter flood bill has topped £200m
Nick Starling sings insurer's praise in getting Cumbria "back on its feet" following floods.
Environment Agency publishes indepth report into 2007 floods
It estimates £3.2bn worth of damage was caused, but a quarter of households were not insured.
Post Magazine 7 January 2010
This issue featured an interview with new Aviva boss Mark Hodges; a look at claims representation at board level; solvency 2; contingent commissions; damage management; the Floods Bill; Auditor liability and all the latest news and views from the general…
Enough being done?
November's flooding in Cumbria once again highlighted this growing risk and coincided with publication of the Flood and Water Management Bill. Tony Hutchins assesses the proposals and asks if the government is doing enough to manage flood risks.
Contamination frustration
The appropriate methods for the clean up of contamination are not always followed to the letter. Martin Richell reports on the liability issues that can occur when this is the case.
Final curtain for cowboys
A lot has changed over the past 10 years in the damage management industry, with new technology, procedures and professionalism taking centre stage. Sam Barrett reports on the changes.
Saudi insurer Tawuniya reports $8m loss from Jeddah flood
Company for Cooperative Insurance said it had estimated losses of $8m from flooding in Jeddah in November.
An explosive finale
2009 looked like being a quiet year for loss adjusters, writes Leigh Jackson. However, the floods that hit Cumbria over a three-day period at its tail-end have provoked a surge in activity.
What the papers say
In this edition, Insurance Age editor Martin Friel is joined by LV PR manager, Emma Holyer and Incisive Media group editorial services director David Worsfold to pick over December's insurance trade press.
Insurers warn of an increase in water damage claims
Aviva suggests that property owners should carry out risk management measures to protect their buildings from serious damage brought on by winter weather.
Insurance industry surge event initiative - can the industry deliver?
Last week, Post reported that the insurance industry is looking to put in place an industry-wide surge event plan in the wake of recent flooding.
Comet launches SMS voucher service
Company claims this will help speed up claims.
ABI calls for industry-wide surge event plan
The insurance industry is looking to put in place an industry-wide surge event plan in the wake of recent flooding.
Pick of the week
Willis CEO invests in Championship club; ABI calls for industry wide surge event plan;Capita continues claims review as VRS seals deal with Teceris;Allianz targets mid-corporate with cross-border offering;Brightside to raise £20m in shares for organic…
Total catastrophe losses fall in 2009
The total cost of natural catastrophes and man-made disasters in 2009 fell to $52bn from $267bn in the 2008, a survey from Swiss Re has shown.
