Harvey’s Catastrophic Costs Mount; Many Lack Adequate Insurance August 28, 2017 By Sonali Basak Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe — with damages likely to stretch into...
High Cost, Scarcity of Insurance Keeping Vendors from Sears Shelves August 28, 2017 By Jessica DiNapoli and Richa Naidu U.S. department store operator Sears Holdings Corp. is having trouble stocking shelves, as some vendors have fled while others are...
Hurricane Harvey Could Spur Congress to Act on Flood Insurance August 28, 2017 By Suzanne Barlyn The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of...
Hurricane Harvey’s Flood Insurance Losses Could Match Katrina’s August 28, 2017 Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S....
How Hurricane Harvey Is Affecting Catastrophe Bonds August 27, 2017 By Noah Buhayar and Sonali Basak Bonds tied to weather risks tumbled the most in seven months as Hurricane Harvey advanced on Texas’s Gulf Coast. The...
Dreams Come True with Hagerty Insurance-Backed Classic Car Sharing Service August 25, 2017 By Matt Gross Many Americans dream of driving fabulous, unique, vintage cars. The vast majority of Americans never get to actually do it....
Hurricane Harvey Looks to Be First Big Test for Trump FEMA Director Long August 25, 2017 By Christopher Flavelle Brock Long knew it was just a matter of time. “We’ve gone 11 years without a major hurricane land-falling in...
Home Telematics Startup Roost Raises $10.4M from Insurers August 25, 2017 Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva...
Risk Managers Prefer Standalone Cyber Policies: RIMS Survey August 25, 2017 According to the 2017 RIMS Cyber Survey, risk professionals’ continued to show preference for standalone cyber insurance policies as the...
Studies Show Automated Car Safety Technologies Are Preventing Crashes August 25, 2017 By Joan Lowy Safety systems to prevent cars from drifting into another lane or that warn drivers of vehicles in their blind spots...