Insured Losses From February’s European Windstorms Estimated at €3.7B: PERILS August 19, 2022 Insured losses for the European windstorm series, which affected the British Isles and continental Europe in February 2022, are estimated...
Heavy Rain Continues to Flood New Zealand, Forcing Evacuations August 19, 2022 By Nick Perry WELLINGTON, New Zealand (AP) – Heavy rain continued to pelt New Zealand on Thursday, causing further disruptions and road closures...
China Sentences Tycoon Xiao to 13 Years, Fines His Financial Services Group $8.1 Billion August 19, 2022 A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in...
U.S. Businesses in Taiwan See Limited Impact From Tensions With China August 19, 2022 Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent...
Viewpoint: Can Intelligent Automation Ensure the Survival of the Insurance Industry? August 19, 2022 By Concetta Yates The economic viability of the insurance industry’s current business model has been in question for several years. McKinsey’s 2022 Global...
Technology Delivering New Data Sources for Claims Investigations August 19, 2022 By Jim Sams The driver of the 2021 Toyota Sienna said he crashed because another car bumped the rear of his vehicle while...
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick August 19, 2022 The number of U.S. products recalled this year has already surpassed 1 billion, according to the U.S. product recall index...
Forged Signatures, Fake Policies? Lawsuits Raise Questions About Captive Plan August 19, 2022 By William Rabb The owners of one of the oldest insurance agencies in Texas must have felt pretty surprised when they were named...
Florida’s Deadly High Speed Rail to Get $25 Million Safety Improvement August 19, 2022 Tracks used by the nation’s deadliest railroad will see added fencing to keep pedestrians away and safety improvements at crossings...
Fire Consumes Once-Famous Grossinger’s Hotel in New York’s Catskills August 19, 2022 LIBERTY, N.Y. — A fire consumed a building at the site of the long-closed Grossinger’s resort, once among the most...