Canada’s P/C Insurance Market Stable with Good Demand: Moody’s December 12, 2016 The outlook for the Canadian property and casualty (P/C) industry is stable, driven by good demand, strong underwriting discipline and...
Insurance Institute’s Top Safety Pick List Shrinks Under New Headlight Standards December 9, 2016 By Jamie Butters To help avoid deadly accidents, an insurance industry group raised standards for headlight performance, reducing the number of vehicles that...
Cyber Market Hampered by Insurability Challenges: Geneva Assoc. Report December 9, 2016 By L.S. Howard While insurance against cyber risk represents a tremendous new business for the insurance industry, numerous problems with the insurability currently...
New Zealand Quake’s Insured Losses Estimated at $705M-$3.5B: Aon Cat Report December 8, 2016 Insurance losses from last month’s magnitude 7.8 earthquake in New Zealand are likely to range between NZ$1.0 to 5.0 billion...
A Look Back at 2016 Atlantic Hurricane Season December 8, 2016 The 2016 Atlantic hurricane season concluded on Nov. 30 with 15 named storms generating seven hurricanes, three of which were...
Survey: California Leads Nation in Insurers Contracting with Diverse Businesses December 7, 2016 California Insurance Commissioner Dave Jones hailed the results from the first national survey of the insurance industry around supplier and...
Over-Compensating Data Breach Victims Can Backfire December 7, 2016 Compensation in response to a data breach is most effective when it meets customers’ expectations for what is appropriate, according...
Report Criticizes FAA Safety Oversight of Drones as Lax December 7, 2016 By Alan Levin U.S. aviation regulators approved commercial drone applications so quickly in recent years that they missed safety violations and took few...
Rising Risks Could Cost Global Cities $1.17 Trillion of GDP in 2017: Cambridge Study December 6, 2016 By L.S. Howard The costs of major shocks to the global economy from natural and manmade threats could put at risk $1.17 trillion...
Report Calls on New Hampshire to Prepare for Rising Seas December 2, 2016 By Michael Casey Though the worst impacts of rising seas in New Hampshire are decades away, a state commission is warning that coastal...