Virginia Tech Scientists: BP Oil Spill Caused $17.2B in Natural Resource Damage May 1, 2017 By Andrew G. Simpson The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of...
Senate Bill Would Extend National Flood Insurance Program for 10 Years April 28, 2017 By Andrew G. Simpson U.S. Senators Bill Cassidy (R-La.) and Kristen Gillibrand (D-N.Y.) have released draft legislation to reauthorize the National Flood Insurance Program...
Biohazard Cleanups Not Pretty-and Neither Are the Costs to Insurers April 27, 2017 By Andrew G. Simpson If Peter Duncanson is on the scene, it’s probably not pretty. It could be a CSI-like crime scene with spattered...
Chubb’s Greenberg Clarifies Criticism of Wholesale Brokers April 26, 2017 By Andrew G. Simpson In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to...
Bush Beats Trump! And Other Insurance Political Giving News April 25, 2017 By Andrew G. Simpson Monumental views on insurance and risk in the nation’s capital? Surely we jest. Well, we will take an occasional dip...
Identifying Surgical Patients at Risk of Becoming Long-Term Opioid Users April 12, 2017 By Andrew G. Simpson Having surgery always comes with risks. But a new study suggests a new one to add to the usual list:...
Making a Federal Case Out of ‘Legal’ Marijuana Insurance Claims April 11, 2017 By Andrew G. Simpson Michael Johnston, the great, great grandson of the founder of one of the first Baptist churches in Texas, grew up...
Through the Roof: Drone Startup Cites Milestone of 6,000 Inspections April 6, 2017 By Andrew G. Simpson BetterView, an insurance technology startup that captures and analyzes data from drones, said it has performed more than 6,000 roof...
ProPublica Report Alleges Auto Insurers Overcharge Minorities April 5, 2017 By Andrew G. Simpson A new report published by ProPublica accuses the auto insurance industry of pricing discrimination against minorities. The report, titled Minority...
Insurtech Startups Take Note: Traditional Insurers Score Highest Ever Satisfaction Grades April 3, 2017 By Andrew G. Simpson Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a...