Insurers Rush to Find, Deploy Adjusters for Harvey, Irma Claims September 11, 2017 By Suzanne Barlyn and Catherine Ngai Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other,...
National Flood Insurance Program Extended Until Dec. 8 September 11, 2017 By Andrew G. Simpson President Donald Trump last Friday signed legislation reauthorizing the National Flood Insurance Program until Dec. 8, 2017, which buys more...
Irma Analysis: Insurer Financial Stress Unlikely If Early Loss Estimates Hold September 11, 2017 By Susanne Sclafane Before Hurricane Irma made landfall in south Florida on Sunday morning, analysts were assessing the potential damage to property/casualty insurer...
Is Equifax’s Cyber Insurance Enough to Cover Breach? September 11, 2017 By Sonali Basak Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the...
Majority of Americans Don’t Trust Self-Driving Cars September 11, 2017 By Keith Naughton Fully self-driving cars are set the hit the road within four years, but most Americans aren’t ready to buy them....
Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendez-Vous September 10, 2017 By Tom Sims As Hurricane Irma battered Florida on Sunday, the cream of the insurance world — gathered under the Mediterranean sun in...
Court Revives Whistleblower Claim Against Wells Fargo September 10, 2017 By Jonathan Stempel Wells Fargo & Co. faces a new legal worry after a federal appeals court last Thursday revived a whistleblower lawsuit...
Chemical Fallout from Hurricane Irma Could Be Worse than Harvey’s September 8, 2017 By Jack Kaskey, Ryan Collins and Bryan Gruley Before flames and smoke leaped into the sky over the Arkema chemical plant in Crosby, Texas, last week, Jolyn Masters...
Rethinking Freight Flood Risk Management After Hurricane Harvey September 8, 2017 By Nick Carey A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s...
Now May Be the Time for Homeowners to Buy a Dam September 8, 2017 By Polly Mosendz Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning....