Reinsurers’ Performance Keeps Improving on Underwriting Profits, ROE: Gallagher Re September 6, 2023 By L.S. Howard Reinsurers reported “a robust increase” in their capital base, improved underwriting profits as well as higher returns on equity and...
People Moves: Starr Names Magee VP, Int’l Head of Financial Lines & Professional Liability; Hub Int’l Taps Hartman as EVP, Strategic Client Service Operation September 5, 2023 Starr Insurance announced that Christopher Magee has joined Starr as vice president, international head of Financial Lines and Professional Liability,...
Return-to-Office Is $1.3 Trillion Problem Few Have Figured Out September 5, 2023 By Matthew Boyle In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed...
Report: Climate Change Boosts Risk of Extreme Wildfires 25% September 5, 2023 By Don Jergler A group of scientists used machine learning to quantify empirical relationships between temperature and the risk of extreme daily wildfire...
Ford to Replace Rear Cameras in New Recall September 5, 2023 By David Shepardson Ford Motor said on Friday it will recall 169,000 U.S. vehicles to replace rearview cameras and update software and is...
FTC Wins Ruling in Deceptive Advertising Case Against Intuit September 5, 2023 By David Shepardson The Federal Trade Commission won an administrative ruling against TurboTax tax software maker Intuit INTU.O after the commission said the...
AI Fused With Trade Data May Finally Smooth Clunky Supply Chains September 5, 2023 By Bryce Baschuk The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data...
RMS, Verisk Weigh in With Insured-Loss Estimates in Low Billions of Dollars From Idalia September 5, 2023 Moody’s RMS and Verisk on Monday each released insured loss estimates for Hurricane Idalia. RMS estimated total private market insured...
How Much Would Carbon Damage Cost if Corporations Paid for Their Emissions? September 1, 2023 By Seth Borenstein The world’s corporations produce so much climate change pollution, it could eat up about 44% of their profits if they...
USDA Introduces New Grapevine Insurance Program September 1, 2023 The U.S. Department of Agriculture announced a new grapevine insurance program within its crop insurance solutions. The program will provide...