Reinsurance Rates Continued Stabilization Trend at June Renewal; Florida Down Just 3.1%: JLT June 1, 2016 Reinsurance rate declines continued to slow at the June 1 renewal, reaffirming a trend of gradual price stabilization that first...
Atlantic, Gulf States, Metro Areas Ranked by Homes Exposed to Storm Surge: CoreLogic June 1, 2016 More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The...
SMEs Reap Benefits from Trade Credit Insurance as Economic Risks Rise: UK’s ABI June 1, 2016 Nearly £36 million ($52.6 million) was paid in insurance claims to small businesses last year, due to customer insolvency or...
Munich Re to Spend $1.1B by 2020 to Restructure Primary Insurance Unit June 1, 2016 By Oliver Suess Munich Re, the world’s second-biggest reinsurer, plans to spend 1 billion euros ($1.1 billion) by 2020 restructuring operations at its...
Chipotle Serves Up Lessons for Restaurant Brokers and Their Insureds June 1, 2016 By Andrea Wells The Centers for Disease Control and Prevention (CDC) estimates that one-in-six Americans gets sick every year from contaminated food or...
Sompo Canopius Hires de Haldevang as Global Head of Specialty June 1, 2016 Sompo Canopius AG announced that Bernie de Haldevang is joining the group as global head of specialty. He will be...
EU Members Should Run Stress Tests for Banks’ Cyber Risks: EU Banking Chief June 1, 2016 By Matthew Miller Domestic authorities in European Union member states should stress-test their financial institutions for cyber risks, a top EU supervisor said,...
EU Guidelines Seek to Limit Crackdown on Uber, Airbnb June 1, 2016 By Eric Auchard and Julia Fioretti European Union governments should not ban services like home-rental site Airbnb or ride-hailing app Uber except as a last resort,...
Canada ‘Needs to Do More’ to Mitigate Climate Disasters Such as Wildfires, Flood June 1, 2016 The Canadian government needs to do more to mitigate climate disasters such as floods and wildfires, a top green watchdog...
Tennessee Lawmaker’s Suggestion for Handling Traffic Tickets: Ignore, Burn Them June 1, 2016 A Republican Tennessee lawmaker says getting a traffic camera ticket isn’t a problem – he just burns them. State Rep....