Claims / Legal
Ironshore Sees Opportunity in Emerging Hospital Liability Exposures
Ironshore Inc. said it is introducing new coverage for hospitals and healthcare systems designed to address both existing and emerging liability exposures. The new policy—LeadingEdge—comes out ...
Moody’s Quantifying Terror Effects With Economic Impact Index
How do you measure the impact of terrorism on economic growth? Moody's Investors Service has constructed a terrorism index to quantify the hit to gross domestic product, government spending, ...
Strong El Nino Could Prevent Relief from Smoke Haze Choking Asia
The choking haze that has blown across Southeast Asia from burning rain forests in Indonesia may get worse and last several more weeks as an unusually strong El Nino keeps away seasonal rain that ...
FAA May Ban Rechargeable Lithium Battery Cargo From Passenger Airlines
The risk of unstoppable fires is prompting U.S. officials to back a proposed international ban on rechargeable lithium battery shipments as cargo on passenger airlines. "We believe the risk is ...
U.S. Judge Signs Off on Settlement in Canadian Oil-by-Rail Disaster
A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada's Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent ...
Emerging Risks: The High-Speed Data Highway
Data seemingly drives everything these days. So there's little wonder it lies at the heart of the insurance industry's emerging risks. Big Data no longer intersects our daily lives; it is prevalent ...
FAA Aims to Send Message With $1.9 M Penalty For Drone Photographer
The U.S. Federal Aviation Administration is proposing the largest fine to date against a drone operator as the agency cracks down on the booming use of unmanned aircraft in congested skies over ...
How a Doomed U.S. Cargo Ship Collided With Hurricane Joaquin
The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid mountainous waves and brutal winds, ...