Connected Homes Heighten Need for Personal Cyber Insurance January 27, 2017 Eight out of ten U.S. consumers have a home data network and more than a third of them connect entertainment...
AIG, Fitch Put AIG Under Review Citing Reinsurance Deal, Reserve Adjustment January 27, 2017 By Andrew G. Simpson American International Group won’t be reporting its Q4 2016 financials until Feb. 14, but a disclosure about a “material adverse...
U.S. P/C Insurance Earnings Picture ‘Isn’t Too Pretty,’ Says S&P January 27, 2017 This year will be a turning point for the U.S. property/casualty (P/C) insurance sector, as rising claims outpace pricing and...
Agency Salary Survey: Find Out More on Today’s Compensation Trends January 26, 2017 Insurance Journal is running its annual Agency Salary Survey and we want to hear from you. All retail agency owners,...
Extreme Solar Blackouts May Cost U.S. More Than $40 Billion Daily January 26, 2017 The daily U.S. economic cost from solar storm-induced electricity blackouts could be in the tens of billions of dollars, with...
U.S. Agency, Industry Working on New Safety Standards for Lithium-Ion Batteries January 26, 2017 Safety standards for lithium-ion batteries need to be modernized following a massive recall of Samsung Electronics Co. Ltd phones after...
Castelo Takes Charge at MAPFRE North America, USA January 26, 2017 Spanish insurer MAPFRE Group’s new CEO for its North America arm has assumed his responsibilities. Alfredo Castelo is now president...
Insurity Acquires Valen Analytics January 26, 2017 By Mark Hollmer Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers....
NAIC Leader Says Insurer Systemic Risk Process Is Unnecessary January 26, 2017 By Susanne Sclafane Although the Financial Stability Oversight Council created by the Dodd–Frank Wall Street Reform Act could serve an incredibly useful purpose,...
Allied World Enhances Managed Care Cyber Liability Offering January 25, 2017 Allied World North America has enhanced its cyber liability offerings and related services for its U.S. managed care package policy,...