Risk
AIG Aims for Couture Crowd With Designer Clothing Coverage
American International Group is aiming for more high net worth policyholder business with new coverage for couture and other designer clothing – items than can be worth thousands of dollars. AIG is ...
Reinsurers’ New Reality of Abundant Capacity May be Permanent: A.M. Best
The reinsurance market is operating in a new reality of abundant capacity from traditional and alternative sources, low interest rates and thinner reinsurance margins, driven by intense competition ...
Lloyd’s Tallies $4.6 Trillion in At-Risk GDP in 301 Cities
In the first-ever Lloyd's City Risk Index, analyzes the economic output at risk (GDP at risk) in 301 major cities from 18 manmade and natural threats over a ten-year period. It concludes that "$4.6 ...
State Farm & Farmers Gain Ground in J.D.Power Small Biz Customer Satisfaction Ranking
Erie Insurance hit the top of the list of J.D. Power's latest small business commercial insurance study in terms of client satisfaction with their insurance policies. This is the third straight ...
Division Between Rich & Poor Nations Highlighted as Climate Talks Resume
Just days before global negotiators were set to meet for talks on climate change, Tropical Storm Erika killed at least 20 people on Dominica. The small Caribbean island evoked the tragedy to ...
El Nino Set to Give U.S. a Very Warm Winter
How the weather plays out in the next six months will have a lot to say about the California drought, snow in the Northeast and even the price of natural gas. A strong El Nino in the equatorial ...
Dutch Court Orders Gas Producer to Compensate Quake Zone Homeowners
A Dutch court ruled on Wednesday that gas producer NAM must compensate homeowners for falls in the value of their properties due to earthquakes linked to gas production at the Groningen field in the ...
Willis & AIG Start Selling Automatically-Renewing Insurance Policy
Willis Group Holdings and AIG are rolling out a new insurance policy for mid-market clients designed to automatically renew. Dubbed Evergreen, the policy will be first offered in the U.K. As ...