Industry News

Insurance Journal

Insured Losses in Caribbean from Hurricane Maria Estimated at $40B-$85B: AIR

Sep 26, 2017 Industry insured losses for Hurricane Maria in the Caribbean will be between US$40 billion and US$85 billion, according to catastrophe modeling...

Lloyd’s Appoints SCOR’s Mitchell-Wallace as Head of Risk Aggregation

Sep 26, 2017 Lloyd’s, the specialist insurance and reinsurance market, announced Dr. Kirsten Mitchell-Wallace has been appointed as the head of Risk...

AXIS Capital to Complete Acquisition of Novae Group in October

Sep 26, 2017 AXIS Capital Holdings Ltd. said it will complete its acquisition of London-based Novae Group plc in two phases, beginning with the acquisition of Novae shares...

Trump Regulation Approach Likely to Stall Connected Vehicles

Sep 26, 2017 The technology that gives cars superpowers to see around corners and through walls won’t be on the first self-driving rides hitting the road in the next few...

Business Insurance

RSA Insurance's third quarter results likely to take hit from catastrophe losses

Sep 26, 2017 U.K.-based RSA Insurance Group P.L.C. said that "catastrophe...

Chubb launches property and liability cover for Australian SMEs

Sep 26, 2017 Switzerland-based insurer Chubb Ltd. has launched a property and liability cover for small and...

More than 20% of Dutch firms suffer cyber attacks

Sep 26, 2017 Dutch national statistics office Centraal Bureau voor de Statistiek said that more than 20% of local firms were hit by third...

Claims Journal

Business News: CCC, Willis Towers Watson, Startupbootcamp

Sep 26, 2017 CCC Announces New Platform Connecting OEMS to Insurers CCC Information Services Inc. and its affiliates (CCC) announced the general availability of the CCC ONE Platform...

Final San Francisco Plane Crash Suit Settled

Sep 26, 2017 A California dentist who was aboard an Asiana Airlines plane that crashed in San Francisco four years ago – killing three girls and injuring roughly 200 others – reached a...

After Losing Home to Sinkhole Florida Family Looks to Future

Sep 26, 2017 Florida family will soon be searching for a new place to gather after their home of nearly five decades was lost to a sinkhole. Elena Hale said cracks began appearing...

Deaths Spark Governor’s Call for Generators in Florida Nursing Homes

Sep 26, 2017 After 11 nursing home residents died in the sweltering heat of hurricane-induced power outages, Florida’s nursing home industry is now on a collision...

Property Casualty 360

What to expect: the cyber liability insurance application process

Sep 26, 2017 Cyber crime often has a more complicated remediation path than other business risks. It follows that the cyber liability...

Fighting auto insurance fraud

Sep 26, 2017 Tech-driven communications can strengthen customer loyalty.

Day 5 in storm-ravaged, blacked-out Puerto Rico: 'This is chaos'

Sep 25, 2017 The destruction that Maria exacted on Puerto Rico’s fragile electricity system when it slammed ashore as a...

IICF's disaster relief funds aims to assist victims of hurricanes

Sep 25, 2017 Nonprofit industry leader IICF is working to help the victims of Hurricanes Harvey and Irma. Have you donated yet?

Best's Reviews

Despite Tepid Support, Senators Press Ahead With ACA Repeal Bill

Sep 25, 2017 Despite lukewarm and wavering support, Republican U.S. senators forged ahead with a bill to repeal the Affordable Care Act, adding language to...

New Mexico Workers’ Comp Pure Premium Rates to Fall for Third Consecutive Year

Sep 25, 2017 New Mexico workers’ compensation insurance pure premium costs in 2018 could decrease by an average of 16%, the New Mexico Office of...

AIR: Hurricane Maria Insured Losses Could Reach $85 Billion

Sep 25, 2017 Hurricane Maria caused an estimated $40 billion to $85 billion in insured losses in the Caribbean, with Puerto Rico alone accounting for more than 85%...

Anthem to Gain 40,000 Medicare Advantage Members in Florida Through HealthSun Acquisition

Sep 25, 2017 Anthem Inc. has agreed to acquire HealthSun, a Florida-based integrated Medicare Advantage health plan and health care...