Natural Disasters in Past Decade Broke Records for Economic, Insured Losses: Aon January 22, 2020 The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report....
Tort Reformers Proclaim Top 10 ‘Judicial Hellholes’ for 2020 January 21, 2020 It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and...
Australia Begins Clean Up From Bushfires with Insurance Claims Continuing to Rise January 21, 2020 By Rebecca Jones The New South Wales and Victorian state governments will coordinate the clean-up of insured and uninsured residential and commercial properties...
Financial Services CEOs in Davos Complain They Can’t Save Planet Without Clients’ Help January 21, 2020 By Viren Vaghela As the financial industry comes under pressure to avoid funding dirty energy, the heads of Citigroup Inc. and Zurich Insurance...
Global Cannabis Revenue Pushed by Sales Doubling in Some U.S. States January 16, 2020 By Don Jergler The green rush in the global cannabis market continued in 2019, with sales doubling in seven U.S. states as well...
Recreational Cannabis Impairs Driving Even When Driver Not High: Harvard Research January 16, 2020 Recreational cannabis use affects driving ability even when drivers are not intoxicated by marijuana, according to a study from a...
U.K. P&C Insurers Face Strong Competition, Claims Inflation: AM Best Report January 16, 2020 Market conditions for U.K. non-life insurers were difficult in 2019 as they continued to face strong competition and claims inflation,...
Using Game Theory to Determine Who’s Liable: Autonomous Vehicle or Human Driver? January 15, 2020 A recent decision by the National Transportation Safety Board (NTSB) on the March 2018 Uber crash that killed a pedestrian...
Severe Storms Expected to Bring Relief, New Risks to Bushfire-Stricken Australia January 15, 2020 By Lidia Kelly Severe storms are expected to bring some relief in the coming days from huge bushfires scorching Australia but the heavy...
World Economic Forum Sounds Alarms About Climate Change Risks January 15, 2020 By Jill Ward The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term...