Viewpoint: Strike’s Duration Will Determine Impact on P/C Insurance Industry October 2, 2024 By Michel Leonard The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct 1. The strike is expected to affect more than...
Helene Claims in Florida Already More Than 65,700 – Far More Than Idalia October 2, 2024 By Staff and Wire Reports The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the...
Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Hurricane Ravages Southern Cotton Crops Just Before Harvest October 2, 2024 By Ilena Peng Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow...
University of California Purchases Sensor-Triggered Earthquake Parametric Policy October 2, 2024 What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of...
Flooded Farms, Fouled Rivers, Dozens Dead: Helene’s Rising Toll October 2, 2024 As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological...
Flooded Farms, Fouled Rivers, Dozens Dead: Helene’s Rising Toll October 2, 2024 By Ilena Peng, Gerson Freitas Jr., Ari Natter and Josh Saul As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological...
Employer, Workers’ Comp Insurer, Survivor Join Baltimore Bridge Collapse Litigation October 2, 2024 By Andrew G. Simpson The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse...
Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk October 2, 2024 Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
US DOJ Charges British Man Over ‘Hack-to-Trade’ Scheme October 2, 2024 By Jonathan Stempel A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to...