Insurers AIG, USAA Receive OK to Test Use of Drones April 8, 2015 By Andrew G. Simpson Two more insurers have received approval to test the use of unmanned aerial vehicles (UAVs), or drones, for their business....
Chubb Estimates Q1 Pre-Tax Catastrophe Losses of Approximately $250M April 8, 2015 The Chubb Corporation announced Tuesday that it estimates the impact of losses from catastrophes for the first quarter of 2015...
How to Improve Insurance Industry Ethics April 8, 2015 Support from leaders at the top of organizations is the key to improving the ethical climate in the insurance industry,...
Florida Bill Allowing Electronic Insurance Documents Sent to Governor April 8, 2015 Florida may soon be the 28th state to adopt legislation that enables insurers to conduct all policyholder transactions over the...
CEA Says It’s Seen No Fracking-Related Earthquake Claims April 8, 2015 By R.J. Lehmann The California Earthquake Authority, the state-run insurance pool that is the primary source of residential earthquake coverage in the Golden...
A.M. Best: Insurers Must Consider Risks of U.K. Exit From European Union April 8, 2015 Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of...
Spring Forecast Warns of Severe Thunderstorms, Hail, Tornadoes April 8, 2015 By Brian K. Sullivan It’s again the time of year when a mix of cool air from Canada, warm moist air from the Gulf...
Canada Aims to Finalize Oil Tank Car Standards by End of April: Minister April 8, 2015 By Allison Martell The Canadian government would like to finalize specifications for a new version of the tank cars used to transport crude...
Combinability of Insureds April 8, 2015 By Christopher J. Boggs Consolidating separate legal entities’ loss experience to develop a common experience modification factor has the potential to cause confusion for...
RMS Commends Tokyo’s Adoption of Nat Cat Quake Loss Reduction Plan April 8, 2015 Catastrophe modeling firm RMS has issued a statement supporting the recently-announced plan by the city of Tokyo to halve expected...