Deluges Follow Droughts as ‘Hydrological Extremes’ Become ‘New Normal’ July 10, 2017 By Brian K. Sullivan Texas struggled through its driest year in history in 2011. Four years later was its wettest ever. The Mississippi River...
Returning from Recess, Senate Republicans Worried Obamacare Repeal Will Fail July 9, 2017 By Yasmeen Abutaleb Republicans expressed increasing pessimism on Sunday about the prospects for the healthcare bill in the U.S. Senate aimed at rolling...
Burand’s State of P/C Insurance Industry Part 2: How to Pick Winners as More Carriers Consolidate or Waste Away July 9, 2017 By Chris Burand Editor’s Note: This is the second of two articles by Burand based on his most recent 50-page whitepaper, State of...
AmTrust Signs $400M Reinsurance Agreement with Premia July 7, 2017 Hoping to reassure stakeholders that the company is “well insulated from any potential reserve volatility in the future,” specialty insurer...
Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert July 7, 2017 By Oliver Suess Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global...
Republican Leader McConnell Hints at Bipartisan Action If Obamacare Repeal Fails July 7, 2017 U.S. Senate Republican leader Mitch McConnell said on Thursday that Congress must act to shore up private health insurance markets...
Munich Re US Launches Commercial Drone Operator Liability Endorsement July 7, 2017 Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for...
Truck Speeding Fix Among Safety Rules Halted by Trump Anti-Regulation Order July 7, 2017 By Alan Levin Years of pleas from parents whose son was killed by a speeding tractor-trailer, buy-in from some truckers and the promise...
5.4M U.S. Homes at Risk from Sea Level Rise, Report Using Census Data Shows July 6, 2017 By Don Jergler Nearly 10 million people living in 5.4 million homes have a high risk from rising sea levels and will be...
Startup Auto Insurer Root Expands by 2 States, Pairs with Lyft on Rental Coverage July 6, 2017 Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term...