White House $29B Disaster Aid Includes Flood Insurance Changes October 9, 2017 By Andrew Taylor The Trump administration last week asked Congress for $29 billion in disaster aid to cover ongoing hurricane relief and recovery...
Why Mandating Cyber Reporting, Basic Coverage Makes Sense: Cyence Exec October 9, 2017 By Don Jergler Matt Honea, cyber manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, thinks a great way to get companies...
After Hurricane, Bond Insurer Drops Lawsuit Against Puerto Rico October 8, 2017 Puerto Rico bond insurer Assured Guaranty Ltd. said late on Friday it voluntarily withdrew a complaint that challenged the legality...
Estimated $2.5 Billion Gulf Coast Damage from Nate Less Than First Feared October 7, 2017 By Brian K. Sullivan and Amy Stillman Oil companies were heading back into the Gulf of Mexico and working to restore operations after Hurricane Nate fizzled out...
Sunday Update: Weakened Tropical Storm Nate Brings Rain, Tornado Warnings to South October 7, 2017 By Rod Nickel and Jessica Resnick-Ault Hurricane Nate weakened to a tropical depression on Sunday after coming ashore in Mississippi, flooding roads and buildings but sparing...
Q3 2017 Likely to Be One of Costliest for Natural Disasters: Aon Report October 6, 2017 The third quarter of 2017 is likely to break a new record as one of the costliest quarters for natural...
P/C Insurer Software Provider Guidewire to Acquire Data Science Firm Cyence October 6, 2017 By Andrew G. Simpson Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science...
Gulf Coast on Hurricane Watch As Tropical Storm Nate Strengthens October 6, 2017 Tropical Storm Nate, which has already shut oil and gas platforms in the Gulf of Mexico, strengthened as it continued...
GM Says Driverless Cars Faultless in 6 Accidents in September October 6, 2017 By David Shepardson General Motors Co.’s self-driving unit, Cruise Automation, told California regulators its vehicles were involved in six crashes in the state...
Crowdsourced Insurer Rater Clearsurance Raises $4 Million October 6, 2017 Clearsurance, a crowdsourced review, rating and educational platform for the insurance industry, has raised $4 million in a Series A...