Efforts to Tackle Somali Piracy Paying Off Says IMB July 17, 2012 By Jonathan Saul Tougher action by international navies and the use of private armed guards on ships have more than halved the number...
U. Of Hawaii Turned Down Concert Insurance July 16, 2012 University of Hawaii turned down concert insurance when $200,000 was paid for a Stevie Wonder concert that officials later learned...
Willis Exec: Industry Will Respond w/ ‘New Tools’ to Growing Disaster Risk July 5, 2012 The insurance industry plays a pivotal role in integrating new tools, technology and solutions to protect populations and assets against...
Second Colorado Wildfire Makes for ‘Unprecedented’ Season June 27, 2012 By Don Jergler Following a fire that forced the evacuation of more than 32,000 people, Colorado continues to be plagued with an “unprecedented”...
Rise of Gadgets Doubles Costs of Lightning Damage – I.I.I. June 21, 2012 The cost of insurance claims for lightning strikes nearly doubled between 2004 and 2011, even as the actual number of...
UK Insurers Face Floods Losses; May Raise Premiums June 12, 2012 By Myles Neligan British insurers face big claims for flooding after the heavy rainfalls across the country this month, making it harder for...
Feet of Sand Leave Midwest Farms Wasteland After Flooding June 5, 2012 By Grant Schulte Mason Hansen guns his pickup and cranks the steering wheel to spin through sand up to 4 feet high, but...
Celebration Believed to Have Led to Louisiana Tech Frat House Blaze May 23, 2012 Fire investigators in Ruston believe a weekend fire that gutted a Louisiana Tech University fraternity house originated in the fireplace...
Insurance Australia Group to Review UK Business May 21, 2012 Insurance Australia Group’s Managing Director and CEO Mike Wilkins has indicated that it is an “appropriate time to assess the...
UK’s ABI Warns Metal Theft Crime Wave Costs Insurers over $1.6 Million a Week May 21, 2012 “The victims of the UK’s metal theft crime wave are now being paid out over £1 million [$1.58 million] every...