Insurance & risk news from around the world
Here are eight ways insurers, reinsurers and brokers can put cyber insurance on a more sustainable footing and take advantage of the opportunities for profitable growth.
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The Massachusetts Supreme Judicial Court has ruled that an employer has to repay the state’s Insurers Insolvency Fund for amounts paid by an insolvent insurer as workers’ comp benefits.
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My son is 6 years old, and he has a lot of toys. Truth be told, so does his father.
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Don’t let these four myths about securing referrals become a brick wall in your marketing strategy.
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More can be done by the industry to enable coverage for mental health issues, say insurance workers
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The agency era is now over – at least in some markets – as digital sales start eating into commissions, insurance boss says
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Broker models could be “considerably altered” as insurtech continues its rise
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Expanded partnership between two industry giants will see a suite of new products launched
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Unsurprisingly, the areas where households are most likely to repeatedly request FEMA Individual Assistance aid are generally along coasts.
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According to the Healthy Paws Foundation, 26 percent of rehoming instances were the result of a pet parent’s inability to pay for their pet’s medical care.
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Damage to a Harmar trucking facility that burned to the ground Friday night could cost more than $1 million. Joe Luera¸ assistant chief at Allegheny Valley Volunteer Fire Company¸ said that figure could climb as the Allegheny County Fire Marshal’s office and insurance companies continue their investigation at Ideal Trucking. Luera and Matt Brown¸ chief of Allegheny County’s emergency services¸ said the cause has not been determined of the fire that consumed a 60- by 60-foot pole building on Rich Hill Road. Also destroyed were five tractor-trailers — three that were inside the building and two nearby.
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Sen. Jeff Brandes will once again file legislation to repeal the state’s no-fault auto insurance requirement¸ saying it’s time for Florida to move away from the troubled system. The St. Petersburg Republican said repealing the state’s Personal Injury Protection (PIP) system will be one of his top priorities during the 2017 legislative session. The decision to file the bill comes just a few months after a study revealed Floridians could save an average $81 a car if the state drops the system. “We believe that PIP is not the right product for Floridians going forward¸” said Brandes.
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These days¸ most locals know someone affected by property crime. The National Insurance Crime Bureau Ranked Albuquerque number two last year for most auto thefts in the nation. Now¸ residents are fed up. The probability of finding your stolen car or truck varies by state. According to the National Insurance Crime Bureau¸ the national average is less than 50-percent. In Albuquerque¸ organizers say a group of about 5¸000 locals are finding several stolen vehicles a week. It’s become all too common in Albuquerque.
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Fanned by strong winds and the Southeast’s worst drought in nearly a decade¸ at least 14 wildfires burned in and around Gatlinburg¸ Tennessee¸ forcing evacuations from the popular tourist destination and nearby communities. “If you’re a person of prayer¸ we could use your prayers¸” Gatlinburg Fire Chief Greg Miller said Monday evening as crews battled wind gusts of up to 70 mph. On Monday afternoon¸ a wildfire from the Great Smoky Mountains National Park spread rapidly into nearby communities. Strong gusts scattered embers across long distances¸ starting fires that fed off drought-stricken trees.
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Here are the 10 cities women would be well advised to avoid, if they care about their financial well-being, both now and in the future.
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The internet has forever changed the way people and businesses interact — except in the insurance industry.
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The United States is already setting twice as many daily heat records as cold records, but a new study predicts that will get a lot more lopsided as man-made climate change worsens. Under normal conditions, without extra heat-trapping gases from …
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XL Catlin Appoints New Multinational Casualty Insurance Leader XL Catlin has appointed James Barbuti to lead its Multinational Casualty Insurance Segment, part of XL Catlin’s Global Risk Management Division. Based in New York, James will report to Ken Riegler, president …
Read more here:: Claims Journal USA
XL Catlin Appoints New Multinational Casualty Insurance Leader XL Catlin has appointed James Barbuti to lead its Multinational Casualty Insurance Segment, part of XL Catlin’s Global Risk Management Division. Based in New York, James will report to Ken Riegler, president …
Read more here:: Claims Journal USA
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