The Lowdown: The Silent Battle Between Agencies and Companies April 23, 2019 By Chris Burand P&C insurance companies are scared. Not all are scared, of course. Some are big enough, some are smart enough, and...
Study: $76.4M in Texas Home Values Erased by Flooding Tied to Sea Level Rise April 23, 2019 New research shows that increased tidal flooding caused by sea level rise has eroded $76.4 million in relative property values...
FEMA Transfers More Flood Risk with $300 Million Cat Bond April 23, 2019 The Federal Emergency Management Agency (FEMA) has again turned to private reinsurance markets to help strengthen the financial framework of...
Swine Virus Causes Panic Among Chinese Farmers as 80% Decide Not to Restock April 23, 2019 By Bloomberg News Most Chinese hog farms are choosing not to replenish herds as a deadly swine virus continues to spread across the...
U.S Now Probing 12 Million Air Bags for Possible Deadly Electrical Flaw April 23, 2019 By Ryan Beene The U.S. National Highway Traffic Safety Administration is investigating a possible deadly flaw in some 12.3 million vehicles that could...
Axon Underwriting Forms Axon Re to Offer Cargo, Stock Throughput Reinsurance in Latin America April 23, 2019 Axon Underwriting Services LLC, the Somerville, N.J.-based specialty lines program administrator, announced the formation of Axon Re to offer its...
Techquake: The Biggest Threat to California’s Tech-Sector May Lie Directly Beneath its Feet April 23, 2019 By Ian Adams California’s technology sector has had a tough year with state and federal policymakers, to say nothing of the general public....
Texas Company to Pay $85K to Settle Age Discrimination Suit April 23, 2019 Federal officials say a Fort Worth, Texas-based company will pay $85,000 to settle an age discrimination lawsuit. The suit against...
Oregon Crash Kills Uber Passenger April 23, 2019 Portland, Ore. police say a man driving a stolen pickup truck 100 mph crashed into a sport-utility vehicle, killing an...
Crocker Joins Alliant Insurance Services as VP in Austin April 23, 2019 Alliant Insurance Services has added Billy Crocker as vice president in its Austin office. Crocker joins Alliant with an extensive...