Claims / Legal
XL Group Boosts Cyber and Technology Underwriting Capacity
XL Group has become the latest insurer to add capacity to its cyber and technology coverage expertise, as data breaches continue to increase and the market rushes to respond in kind. XL Group's ...
Gonzalo Was No Fabian
The arrival of Tropical Storm Fay to Bermuda, less than a week ahead of Hurricane Gonzalo, may have helped to weaken the second storm which made landfall on the hurricane which the south-central ...
Is Ebola Compensable Under Workers Compensation?
Beyond healthcare workers, not many employments will qualify for workers compensation protection due to Ebola. Two tests must be satisfied before an illness or disease can be considered occupational ...
Ex-AIG CEO Liddy Defends His Role as Government-Tapped Leader
Former American International Group Inc. Chief Executive Officer Edward Liddy defended his role as the government-tapped leader of the company at the time of a 2008 bailout, saying he took the job to ...
Ebola Spread Could Spur Big Business Interruption Losses: AIR Worldwide
With an ongoing outbreak of Ebola in West Africa shows no sign of slowing, AIR Worldwide predicted business interruption losses in a number of areas, but questions whether existing coverage will be ...
The Drones Are Coming to Insurance Claims
After a catastrophe hits, mobile units filled with adjusters are on site with the claimants to evaluate property damage. Flash forward five years and insureds may never meet their property claim ...
Big Earthquake Likely for San Francisco, But Coverage Lacking
The San Francisco region will probably be struck by an earthquake with a magnitude of at least 6.7 in coming decades, and most of the billions of dollars of damages wouldn't be covered by insurance. ...
Worsening High-Tide Floods Could Make City Sections Unusable: Study
Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near ...