Cyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn from Claims December 8, 2015 By Stephanie K. Jones Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims...
PwC UK Raises Desmond Insured Loss Estimates: $375 to $487.5 Million December 8, 2015 Commenting on the impact of Storm Desmond, Mohammad Khan, general insurance leader at PwC UK, stated that the accounting firm’s...
Swiss Re Confirms ‘Four Pillar’ Strategic Framework for Continued Growth December 8, 2015 Swiss Re, at its annual Investors’ Day Conference, unveiled its strategic framework to “position the company strongly vis-à-vis current and...
Sino-Ocean Land Says Nan Fung Sells Shares to Anbang Insurance Group December 8, 2015 Sino-Ocean Land Holdings Ltd. said Anbang Insurance Group Co. purchased about a fifth of the Chinese developer’s shares from members...
Insurers Braced for Claims Surge as 10-Year High Floods Hit India December 8, 2015 By Anto Antony and Bhuma Shrivastava Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to...
Mississippi Capitol Moves Closer to Regulating Ridesharing Entities December 8, 2015 Jackson has taken a step toward regulating ride-hailing services such as Uber after the Rules Committee of the Jackson City...
South Carolina Lawmaker Proposes Sorority, Fraternity Information Database December 8, 2015 A South Carolina lawmaker is proposing that the state set up an online database where violations, arrests and investigations linked...
North Carolina Supreme Court Weighing At-Will Firing Practices of State Sheriffs December 8, 2015 By Emery P. Dalesio A trio of lawsuits is challenging the long-standing ability of North Carolina sheriffs to fire their deputies at will –...
Insurance Executive Sees Problems, Opportunities in L.A.’s Earthquake Law December 7, 2015 By Don Jergler Who’s going to pay? It’s a big question in front of landlords of thousands of Los Angeles properties early next...
Karen Clark Adds US Earthquake Reference Model to Modeling Platform December 7, 2015 Karen Clark & Company (KCC) has released a new US earthquake Reference Model as part of the RiskInsight open loss...