Insurance Costs for December Weather in U.S. Could Top $2 Billion: Aon January 6, 2016 Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with...
Gas Leak Forcing Southern California Residents to Flee Neighborhood January 6, 2016 By James Nash The sulfurous scent of a natural-gas leak hangs in the air as mail carriers wearing gas masks make rounds to...
AIG Bets on Workplace Safety Wearables with Investment in Startup HCS January 6, 2016 By Andrew G. Simpson Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control...
Swiss Re Corporate Solutions to Buy Stop Loss Underwriter IHC Risk January 6, 2016 Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from...
XL Catlin Finalizes UK & Ireland Team of Business Leaders with Energy Promotions January 6, 2016 XL Catlin announced it has made a series of promotions in its energy team, which complete its U.K. and Ireland...
Insurers & Banks Could Pull Jobs from U.K. in Event of ‘Brexit’: JPMorgan January 6, 2016 By Richard Partington JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the...
Tighter Construction Rules Would Help Minimize U.K.’s Flood Damage: Report January 6, 2016 By Jill Ward Tighter construction restrictions and incentives to build outside flood-prone areas would minimize damage to the U.K. economy from heavy rain...
Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter January 6, 2016 Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several...
Aspen Insurance Appoints Global Product Heads January 6, 2016 Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., announced the appointment of new global product heads as...
Preliminary Data: Kansas Saw Big Increase in Tornadoes in 2015 January 6, 2016 Kansas’ 124 confirmed tornadoes in 2015 were 83 more than the previous year, tying for the fourth highest number since...