Industry News

Insurance Journal

Alliant in California Names Morana Senior Vice President in Pharmacy Practice

Oct 18, 2017 Newport Beach, Calif.-based Alliant Insurance Services has named Sal Moranato a senior vice president and pharmacy practice lead in its pharmacy...

Cyber Security Specialists Warn Wi-Fi Vulnerable to Hacker Attacks

Oct 18, 2017 Cyber security watchdogs and researchers are issuing warnings over risks associated with a widely used system for securing Wi-Fi communications after the...

Argo and Aspen Issue Loss Estimates for Q3 Natural Catastrophes

Oct 18, 2017 Argo Group International Holdings Ltd. and Aspen Insurance Holdings Ltd. have issued their third quarter catastrophe loss estimates, primarily related to...

Risk Cooperative Becomes Lloyd’s Coverholder for Cyber Insurance Facility

Oct 18, 2017 Risk Cooperative, a specialized insurance and risk advisory firm, has been approved as a Lloyd’s coverholder giving it the ability to provide up...

Property Casualty 360

NU Agency of the Year Award, Curabba Agency: Classic values, new tactics

Oct 18, 2017 Learn how a small-town, old-fashioned insurance agency tweaks its business model to compete in the digital age.

Is terrorism risk insurance coverage necessary?

Oct 18, 2017 RIMS tackles this question in its latest report.

Workplace shooting led to employee’s PTSD, says Tennessee court

Oct 17, 2017 Witnessing a shooting or other violent act can cause PTSD as much as being the victim of the act, says Tennessee court.

Smartphones are killing Americans on the roads, but nobody’s counting

Oct 17, 2017 There are many reasons to believe mobile phones are far deadlier than NHTSA spreadsheets suggest. Some of the biggest...

Best's Reviews

US Senators Reach Bipartisan Deal to Stabilize Markets, Fund CSRs

Oct 17, 2017 Republican and Democratic senators have reached a tentative deal to stabilize the individual health care markets and restore funding to the...

JLT Re Head of Analytics: Upcoming Reinsurance Renewals Could Resemble Post-2011 Period

Oct 17, 2017 David Flandro, global head of analytics, JLT Re, said 2017’s lineup of disasters rivals the losses of 2011, which impacted...

Brown & Brown CEO: Catastrophe-Inspired Rate Increases May Not Last

Oct 17, 2017 Following several hurricane strikes, the question in the industry isn’t whether coastal property insurance rates will increase, Brown &...

Aviva Completes £600 Million Bulk Annuity Deal With Education Group Pearson

Oct 17, 2017 Aviva plc has announced the completion of a £600 million (US$790 million) bulk annuity transaction that will cover about 2,400 members...

Business Insurance

No ratings action expected in wake of hurricanes: A.M. Best

Oct 17, 2017 A.M. Best said Tuesday it does not expect any ratings actions after a preliminary review of loss data received...

Renewable energy sector requires traditional risk transfer options

Oct 17, 2017 Insurers should focus on providing traditional risk transfer options to the evolving...

Comp rates set to decrease in Kansas

Oct 17, 2017 Kansas Commissioner of Insurance Ken Selzer said Monday that workers compensation rates will drop next year.

Natural disasters put pressure on reinsurance pricing

Oct 17, 2017 The reinsurance market will likely see an upward adjustment in rates at Jan. 1 renewals, according to executives on a...

Claims Journal

Oil Rig Blast on Louisiana Lake Injures Many, 1 Missing

Oct 17, 2017 An oil rig explosion on a lake north of New Orleans, apparently caused when cleaning chemicals ignited, injured seven people and left authorities searching for another...

Decisions Still Pending on 3 Florida FEMA Appeals

Oct 17, 2017 Florida communities cleaning up and making repairs after Hurricane Irma may expect the U.S. government to reimburse their costs, but an analysis by The Associated Press shows...

P&C Insurance Claims Transformation in 2017 – Retrospective and Prospective

Oct 17, 2017 Insurance carriers have made an unprecedented investment to improve the integrity of their claims systems and processes. This transformation started...

Warming Seas Could Lead to 70% Rise in Hurricane-Related Financial Loss

Oct 17, 2017 If oceans warm at a rate predicted by the Intergovernmental Panel on Climate Change, the United Nation-sponsored group that assesses climate change...