29 Million Flood Risk Properties Lie Outside Official Flood Zones: CoreLogic December 6, 2017 An estimated 23 percent of residential and commercial properties in the U.S. are at high or moderate risk of flooding...
U.S. Flood Program to Collect $1 Billion in Reinsurance for Hurricane Harvey Claims December 6, 2017 The Federal Emergency Management Agency (FEMA) is seeking to recover the full $1.042 billion of its reinsurance coverage to help...
Why Women Are Key to Long-Term U.S. Economic Growth: S&P December 5, 2017 As the U.S. economy continues its over eight-year expansion, analysts at S&P Global say they have an answer as to...
Chief Risk Officers’ Average Salary Tops $190,000: RIMS December 5, 2017 Risk professionals at all levels in the United States saw an average 3.5 percent base salary increase this year, while...
AIG Lures Berkshire Hathaway’s Bolt for Chief Underwriting Post December 5, 2017 American International Group said Tom Bolt will join the company as chief underwriting officer, General Insurance. He will be responsible...
Former Chubb Chairman, CEO O’Hare Passes Away at 75 December 5, 2017 Chubb Limited announced today the passing of Dean R. O’Hare, former chairman and chief executive officer of The Chubb Corp....
MAPFRE USA to Exit 5, Focus on 11 States; Sell New York and Life Units in Reorganization December 5, 2017 Insurer MAPFRE USA, which now writes in 19 states, is narrowing its focus by concentrating on 11 key states, exiting...
EPA Won’t Require Mining Firms to Prove Cleanup Costs December 5, 2017 The U.S. Environmental Protection Agency said last Friday it would not act on a proposal to require hardrock mining companies...
Cost of Driverless Vehicles to Drop Dramatically: Delphi CEO December 5, 2017 By Paul Lienert Delphi Automotive Plc, which is changing its name to Aptiv Inc., wants to cut the cost of self-driving cars by...
How Value of Past Products Influences What Consumers Will Pay December 4, 2017 The value of the products consumers encounter influences how much they’ll subsequently pay for other items, according to new neuroscience...