September 18, 2017
The first 911 call from the Rehabilitation Center at Hollywood Hills didn’t sound ominous: A nursing home patient had an abnormal heartbeat. An hour later, came a second call: a patient had trouble breathing. Then came the third call. A …
September 18, 2017
Georgia’s insurance commissioner has issued a stern message to the insurance industry in the aftermath of Hurricane Irma, saying in a directive to insurance companies on Thursday that they are to exercise leniency in dealing with Georgia residents that may …
September 18, 2017
Although insured losses as a result of Hurricane Irma will not be as severe as originally forecast, the storm still represents a sizeable catastrophe event that will test the infrastructure and potentially strain the financial wherewithal of some local and …
September 18, 2017
When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other concerns include inadequate insurance (15 …
September 18, 2017
Trucking serves as a barometer of the U.S. economy, representing 70.6 percent of all domestic freight transportation tonnage and $676 billion, or 79.8 percent,of transportation revenues in the country. Despite the sector’s size, for many trucking firms, it’s a rough …
September 18, 2017
Family businesses are the backbone of the U.S. economy. They generate more than 50 percent of the gross domestic product (GDP) and more than 70 percent of job creation. However, only about one-third survive into the second generation, and 12 …
September 18, 2017
Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2016, approximately $606 billion of DPW was reported, a record high for the industry. For 2016, total DPW for all P/C insurers aggregately increased 4 …
September 18, 2017
As Hurricane Irma battered Florida, the cream of the insurance world — gathered in Monte Carlo — was assessing the costs of the storm for the global industry. The takeaway so far: Irma and its predecessor, Hurricane Harvey,, which caused …
September 18, 2017
The images of familiar places underwater in South Texas and Floria haunt us. The spirit of volunteers risking their lives to help strangers emboldens us. But those in the home building insurance industry naturally start to think about the near …
September 18, 2017
Campus Guns “College campuses as gun-free zones present an environment where murderers, rapists and other criminals may commit crimes without fear of being harmed by their victims.” — An NRA lobbyist who supported a new Tennessee law to allow state …