Global H1 Insured Natural Disaster Losses 40% Lower than 10-Year Average: Aon July 26, 2018 Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent...
San Francisco May Screen Insurers for Their Fossil Fuels Investments July 26, 2018 By Don Jergler The San Francisco Board of Supervisors has become what is believed to be the first U.S. municipal body to try...
House Passes Another Stop-Gap Flood Insurance Extension; Senate Expected to Follow July 25, 2018 The House of Representatives passed a measure to reauthorize the nation’s flood insurance program for four months beyond its current...
K&K Launches Program for Aerial Attractions July 25, 2018 K&K Insurance Group, Inc. has launched a new program in conjunction with Hibbs-Hallmark & Company offering insurance designed specifically for...
Ascot Creates U.S. Trade Credit Division; Hires Collins, Barrett to Lead July 25, 2018 Bermuda-based specialty insurer Ascot has created a trade credit insurance division with the appointments of Doug Collins as executive vice...
Chubb Q2’s Results Reflect Continued P/C Pricing Momentum July 25, 2018 By Andrew G. Simpson Chubb has a very good second quarter in both underwriting and investments, reporting net income of $1,294 million compared with...
Lyft Faces Patent Suit by Professor Over Ridesharing Model July 25, 2018 By Jonathan Stempel A retired Georgia Institute of Technology engineering professor described as a “pioneer” in developing the idea of ride sharing sued...
Study Warns of Cyber Hacking Risk to Firms Using SAP, Oracle Management Software July 25, 2018 By Eric Auchard At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by...
Flood Model Development Helps Hiscox Re & ILS Enter U.S. Flood Protection Market July 25, 2018 By L.S. Howard Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s...
BondExchange Upgrades Surety Bond Agent Platform July 24, 2018 In response to feedback from its agents, BondExchange, a wholesale surety broker, has upgraded its insurance agent platform bondexchange.com, which...