After San Bernardino Shooting, Businesses Review How to Handle Workplace Violence December 18, 2015 By Elior Spagot and Joyce M. Rosenberg The terror attack at a social services facility in California has become a sobering reminder to companies of how vulnerable...
Catalina Completes Allianz Suisse Re Acquisition December 18, 2015 Catalina Holdings (Bermuda) Ltd. announced that, following receipt of regulatory approvals from the FINMA the Swiss financial regulator, it has...
Chinese Drones Perform Well in Analyzing Tianjin Damage Estimates December 18, 2015 By Fang Yan and Matthew Miller When an explosion devastated parts of China’s Tianjin port in August, one insurance company turned to Chinese-made drones to help...
JBA Releases Comprehensive UK Flood Model before Flood Re Launch December 18, 2015 UK-based JBA Risk Management, a global provider of flood modelling services for insurers, reinsurers, and property or asset managers, announced...
Swiss Re 2015 Economic Cat Loss Initial Estimates = $85Bn; $32Bn Insured December 18, 2015 Swiss Re’s latest sigma report preliminarily estimates that total economic losses from natural catastrophes and man-made disasters will reach approximately...
U.K. Insurance Bill for Solvency II Regulation Compliance Hits $4.5 Billion December 18, 2015 By Sarah Jones U.K. insurers have invested at least £3 billion ($4.5 billion) to be compliant with new European Union capital rules, known...
Fitch: Overall P/C Reserves Adequate; Prior Years’ Favorable Trend Continues December 18, 2015 By Susanne Sclafane Property/casualty insurers continued to take down loss reserves for prior years in 2014, which marked the ninth straight calendar year...
J.M. Wilson Hires Stum as Transportation Underwriter December 18, 2015 J.M. Wilson has added Danyelle Stum as transportation underwriter in its Carmel, Ind., office. Stum will quote new and renewal...
West Virginia Hospital Association Releases Guidelines to Reduce Opioid Drug Abuse December 18, 2015 The West Virginia Hospital Association Board of Trustees has endorsed a set of guidelines to help West Virginia’s hospitals reduce...
Georgia Agency Owner Accused of 10 Counts of Insurance Fraud December 17, 2015 Georgia Insurance Commissioner Ralph Hudgens’ announced the arrest of insurance agent Macie Anedra Yawn, 27, of Cochran, Ga. Yawn owned...