Global Situation is Creating a New ‘Lost Generation’: David Cole-Swiss Re January 21, 2014 By Charles E. Boyle “Many Young people today face an uphill battle,” said David Cole, Swiss Re’s Group Chief Risk Officer and a member...
Arctic Ocean to Get ‘Polar Code’ Shipping Rules; Will Lower Insurance Costs January 21, 2014 By Balazs Koranyi New shipping rules are soon to be agreed for the Arctic. Summer sea ice has shrunk by about two-thirds over...
Travelers More Than Triples Profit in Q4 on Lower Disaster Losses, Higher Prices January 21, 2014 By Noah Buhayar and Zachary Tracer Travelers Cos., the property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit more than tripled as claims costs...
Reinsurance Costs Helping to Lower Florida Homeowners Rates: OIR Report January 21, 2014 By Michael Adams Florida’s top insurance regulator says that state residents are starting to benefit from a more competitive homeowners market as rates...
Police on Night Shift More Likely to Suffer Long-Term Injuries January 21, 2014 Police officers working the night shift are significantly more likely to suffer long-term on-the-job injuries than officers on day and...
South Carolina Neighbors Sue Plant, Claim Pollution Caused Cancer January 21, 2014 A Spartanburg, South Carolina neighborhood is suing a chemical plant, saying pollution has caused dozens of cancer cases. The lawsuit...
West Virginia Eyes Relief for Businesses Hurt by Spill January 21, 2014 The West Virginia Legislature is fast-tracking a proposal to help small businesses affected by disasters like last week’s chemical spill....
Endava Appoints Fegan to Lead its Insurance Division January 21, 2014 International IT services company Endava has appointed experienced London market practitioner Kelly Fegan to lead the company’s insurance team with...
Magnitude 6.2 Quake Strikes New Zealand’s North Island: AIR Analysis January 21, 2014 Catastrophe modeling firm AIR Worldwide, reported: “At 9:52 p.m. Eastern Time, on January 19 (3:52 p.m., local time, January 20),...
Somali Pirates Driven Off in First Attack of 2014 January 21, 2014 A bulletin from Dryad Maritime Intelligence confirms the first piracy attack of 2014, which it described as “audacious and determined,”...