Tech Firm Trōv Promises to Reinvent ‘Insurance to Value’ for P/C Industry September 25, 2013 By Andrew G. Simpson A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies...
Average Obamacare Premiums Will Be Lower Than Projected September 25, 2013 By Julie Appleby and Phil Galewitz Kaiser Health News Staff Writers Just days before new online health insurance markets are...
BofA Denies Government Claim of ‘Massive Fraud’ in Trial Over Mortgages September 25, 2013 By Nate Raymond Bank of America Corp.’s Countrywide unit placed profits over quality in a “massive fraud” selling shoddy mortgages to Fannie Mae...
Aon Names Andersen, O’Connor CEOs of Key Units September 25, 2013 By Noah Buhayar Aon Plc, the world’s second-biggest insurance broker by market value, named Eric Andersen head of the Aon Benfield reinsurance operation...
Quiet Atlantic Storm Season Humbles Forecasters September 25, 2013 By Brian K. Sullivan The 2013 Atlantic hurricane season is humbling forecasters by shaping up as the first in almost two decades without a...
Reforms Urged to Make UN Climate Reports Shorter, More Focused September 25, 2013 By Alister Doyle Climate experts on a U.N. panel should focus more on shorter reports on specialist subjects such as extreme weather in...
Strong Quake Strikes Southern Pakistan: AIR Worldwide Analysis September 25, 2013 According to catastrophe modeling firm AIR Worldwide, “at 7:29 a.m. Eastern time (4:29 p.m. local time), a magnitude 7.7 earthquake...
Aon Benfield Makes Executive Appointments to Enhance Risk Strategy September 25, 2013 Aon Benfield has announced the following strategic executive appointments: Eric Andersen as CEO of Aon Benfield; Mike O’Connor as CEO...
Canada Regulator Urges Re/Insurers to Use Cat Bonds after Flood Disaster September 25, 2013 By Cecile Gutscher Canada’s banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural...
Opinion: Energy Industry Liability May Cover Contamination Claims From Colorado Flooding September 24, 2013 By Jared Zola and Clark Schweers Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Early reports confirm nearly...