Report Faults State of Michigan for Flint Water Crisis April 4, 2016 By David Eggert and Mike Householder The state of Michigan is “fundamentally accountable” for Flint’s lead-contaminated water crisis because of decisions made by its environmental regulators...
Growth in Cyber Coverage Expected as Underwriting Evolves April 4, 2016 By Andrea Wells and Stephanie K. Jones With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more...
Mentorship, Innovation Are Priorities for Global Insurance Accelerator April 4, 2016 By Stephanie K. Jones Just as Iowa, and Des Moines in particular, in the 1980s fostered a business climate that enabled insurance and financial...
Prepare for Disruption in High Net Worth Insurance Segment April 4, 2016 By Gregory Hoeg ACE’s $28.3 billion purchase of Chubb will create a major disruption in the luxury insurance market. When the integration of...
Florida Governor Shoots Down CFO’s Choice for Insurance Commissioner, Application Reopened April 4, 2016 By Amy O'Connor Florida Gov. Rick Scott made it known that his choice for the next Florida insurance commissioner would not be State...
10 Things to Know About Public Entities and Schools April 4, 2016 When underwriting an educational institution for the purposes of sexual assaults and Title IX, a little further digging may be...
Florida’s Failure to Pass AOB Reforms Will Impact State Insurance Market April 4, 2016 By William Stander Following the 2016 Florida Legislative Session’s failure to pass essential assignment of benefit (AOB) reforms, the insurance industry and Citizens...
ISO to Collect Terrorism Insurance Data for Treasury April 4, 2016 The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S....
Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims April 4, 2016 Citizens Property Insurance Corp.’s board of governors approved recommendations last month aimed at reducing the impact of what it calls...
Uncertainties Outweigh Growth Benefits When P/C Insurers Take On Too Much Cyber Risk, Rating Agency Warns April 4, 2016 By Andrew G. Simpson If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a...