Senior Care Facilities and Their Insurers Try to Keep Up with Aging America’s Falls January 2, 2019 By Suzanne Barlyn Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to...
Chubb European Group Completes Redomicile to France in Preparation for Brexit January 2, 2019 Chubb European Group announced it has redomiciled its businesses from London to France, effective Jan. 1, consistent with its previously...
Tropical Cyclone Penny Slams North Australia Coast Near Rio Tinto Mine January 2, 2019 By Edward Johnson Tropical Cyclone Penny slammed into the far north coast of Australia’s Queensland state near Rio Tinto Group’s Weipa bauxite mine,...
January Renewals Show Higher Prices for Clients with Poor Loss Records: Willis Re January 2, 2019 Reinsurance placements at Jan. 1, 2019 highlight a pricing gap between accounts with peak peril exposures, or poor loss records,...
Deaths on Passenger Jet Aircraft Rise Across Globe in 2018 January 2, 2019 By David Shepardson The fatality rate on passenger jet aircraft worldwide jumped in 2018 after airlines recorded zero accident deaths on passenger jets...
Reinsurance Prices Drop – Despite 2018’s Big Natural Catastrophe Losses: JLT Re January 2, 2019 By Noor Zainab Hussain JLT Re’s global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing...
Competition in Artificial Intelligence Is Like New Space Race: Viewpoint January 2, 2019 By Leonid Bershidsky, Bloomberg Opinion It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed...
Carlyle Group Completes Acquisition of Majority Ownership in Sedgwick January 2, 2019 The Carlyle Group Global is now the majority owner of claims and technology services firm Sedgwick. Funds managed by Carlyle...
Timber Farms in Florida, Georgia Suffering After Hurricane Michael January 2, 2019 By Karl Etters Strewn in gnarled piles from Florida’s Gulf Coast up through South Georgia, the livelihood of timber farmers is on the...
Kentucky Gov Appoints Collins to State Workers’ Comp Funding Commission January 2, 2019 Kentucky Gov. Matt Bevin has appointed Brenda Collins as a member of the Kentucky Workers’ Compensation Funding Commission. Collins, of...