CoreLogic: Harvey an Exception to a Relatively ‘Normal’ Hazard Activity Year February 5, 2018 While natural weather hazard activity could be largely categorized as “normal” last year, regional exceptions occurred, notably: wildfires in California...
Bermuda’s Re/Insurance Model to Be Tested Following U.S. Tax Reforms: Fitch February 5, 2018 By L.S. Howard The Bermuda re/insurance model will be tested following U.S. tax reforms and the continuing challenges of competitive market conditions, according...
Louisiana Recovers $9.1 Million for Insureds in 2017 February 5, 2018 The Louisiana Department of Insurance (LDI) helped consumers collect $9.1 million in payouts in 2017 in addition to the original...
Why Independent Agents Remain Alive and Well February 5, 2018 By Sam Friedman When I began my career as a journalist covering the insurance industry back in 1981, many of my early stories...
Winter Wildfires Scorch Oklahoma February 5, 2018 Firefighters say wildfires have scorched hundreds of acres in western Oklahoma, damaging fences and equipment but causing no injuries. Capt....
Cyber Risk Ranks as Most Feared BI Trigger for Global Firms: Allianz February 5, 2018 By L.S. Howard Business interruption (BI) and cyber incidents interlink as the major threat facing companies, according to a report published by Allianz...
A.M. Best Ratings Recap February 5, 2018 Rating Assigned: Pan-American Casualty A.M. Best assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating...
Bringing the Next Generation into the Fold February 5, 2018 By Jason Ernest Time and again, I hear that our industry lacks young talent. I read that millennials are entitled, and I watch...
Lowe’s to Pay $55K to Settle Charges of Discrimination at Texas Store February 5, 2018 Lowe’s Home Centers LLC, a nationwide chain of home improvement and hardware stores, will pay $55,000 to settle a disability...
Report Calls out California Wildfires Among 2017 U.S. Hazards February 5, 2018 CoreLogic’s annual Natural Hazard Risk Summary and Analysis released in late January shows that 2017 was a year of relatively...