‘Hardening’ Property Catastrophe Market Enters ‘Hard’ Market Phase: Bank of America October 12, 2022 By L.S. Howard European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is...
AM Best: Trouble Around the Bend for Commercial Auto Insurers After Good 2021? October 12, 2022 By Chad Hemenway For the first time in many years the commercial auto insurance segment enjoyed a combined ratio below 100 in 2021,...
Legal Challenges Could Hamper U.S. Rule to Limit Independent Contracting October 12, 2022 By Daniel Wiessner Business groups will almost certainly file lawsuits in an attempt to delay or derail a rule proposed by the Biden...
The Emerging Market for Active Assailant Insurance October 12, 2022 By Tim Strong So far in 2022, the U.S. has experienced multiple tragic mass shootings. One only needs to see the images on...
Stonybrook Capital Says Hurricane Ian Is Largest-Ever Insured Loss Event at Over $75B October 12, 2022 By Chad Hemenway According to Stonybrook Capital, the damage from Hurricane Ian will result in the largest-ever insured loss event in nominal dollars....
US Airport Websites Knocked Offline by Pro-Russia Hackers October 12, 2022 By Alan Levin A pro-Russian hacktivist group is claiming credit for a series of disruptions that temporarily knocked the websites of some US...
How One Computer Forecast Model Botched Hurricane Ian October 11, 2022 By Seth Borenstein As Hurricane Ian bore down on Florida, normally reliable computer forecast models couldn’t agree on where the killer storm would...
Uber Executive’s Conviction Puts Spotlight on Secrecy About Hacking October 11, 2022 By Jack Gillum The conviction of Uber Technologies Inc.’s former security chief on Oct. 5 has raised the specter that a high-profile criminal...
People Moves: MS Amlin’s Slabbert Named CEO of MSIG Holdings October 11, 2022 U.S. insurer and reinsurer MSIG Holdings reported that Johan Slabbert has been named chief executive officer of the Warren, New...
Information Expected to Emerge Slowly in Hospital Chain Cyberattack October 11, 2022 By Kathleen Foody and Kimberlee Kruesi Details of an apparent cyberattack on one of the largest health systems in the U.S. were slow to emerge as...