Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses February 22, 2021 By Andrew G. Simpson If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured...
Debris Could Threaten Operations in Space – as Well as Earthbound Activities February 22, 2021 Hiscox, the specialist insurer, has called for action to tackle the growing problem of manmade space debris and the threat...
About 1,000 EU Finance Firms, Such as Insurers, Eye Post-Brexit Outposts in UK February 22, 2021 By Silla Brush Around 1,000 European Union finance firms are expected to open their first offices in the UK after losing their passporting...
Risks of Business Failures ‘Remain Considerable,’ Says Fed February 22, 2021 By Howard Schneider The risks of ongoing business failures in the United States “remain considerable” even as the economy emerges from the coronavirus...
Researchers Testing If Wearable Wristwatch Can Detect COVID-19 Infection February 22, 2021 University of Miami Miller School of Medicine researchers are recruiting health care workers to study whether a wearable device, a...
AM Best Upgrades E&S Outlook; Praises Resiliency, Clear Terms Amid Pandemic February 19, 2021 A.M. Best has upgraded its outlook for the U.S. excess & surplus lines insurance sector citing its resiliency in the...
Fitch Sees ‘Modest’ Homeowners Insurance Underwriting Loss for 2020 February 19, 2021 The homeowners insurance industry is poised to shift to a modest underwriting loss for 2020, reports Fitch Ratings, citing losses...
Global Insurance M&A Activity Expected to Soar in 2021 February 18, 2021 There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous...
Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s February 17, 2021 Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a...
Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists February 17, 2021 By Ross Kerber Even women who make it to the top ranks of U.S. corporations face a persistent pay gap compared with men...