Climate risks, disruptive technology and geopolitical instability are what worry risk managers most, according to a joint survey from the Casualty Actuarial Society and the Society of Actuaries. The 18th Annual Emerging Risk Survey is an online questionnaire prompting risk …
Despite the dangers and expense associated with living in high-risk areas, large numbers of people are still moving to parts of America most impacted by wildfires, flooding and extreme heat. According to a new report from real estate company Redfin, …
A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s Berkshire Hathaway liable to pay $1.78 billion in damages for conspiring to artificially inflate commissions for home sales. The verdict …
A new Natural Resources Defense Council report exposes potential hidden costs associated with purchasing a single-family home with a flood history in North Carolina. According to the report, “Estimating Undisclosed Flood Risk in Real Estate Transactions,” these costs can add …
WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey Cargo Underwriting on an affirmative cyber coverage product for cargo and stock throughput risks. WTW said the new product recognizes …
Texas-based companies, Otso and Assurely, have partnered to create an insurance coverage option for lease security in the commercial real estate industry. The insurance coverage allows landlords to reduce the risks of leasing while saving tenants of commercial property essential …
This post is part of a series sponsored by CoreLogic. In the blink of an eye, COVID-19 reshaped our world. As the critical functions of the real estate, lending, and insurance economies began to adapt to the new circumstances of …
Chubb has restructured and made several appointments in its its Real Estate and Hospitality practice. As part of this new structure, the following appointments are effective immediately: Seth Gillston, Chubb’s existing Mergers and Acquisitions and Private Equity practice leader, has …
The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign banks and insurers. UK banks and building societies had around …
Allianz Real Estate is set to make its biggest Asian investment to date, in a first step toward adding as much 3 billion euros ($3.3 billion) of real estate in the region within three years. The $150 million pan-Asian fund …
