Risk
RIMS to Treasury: Speed Up Terror Certs
RIMS, the risk management society, submitted a comment letter to the U.S. Treasury Department calling for 90-day deadline to be set on certifying acts of terror. "A long-term extension of the ...
Cyclone Pam Highlights Need for Insurance Fund in Climate Talks
Pacific Islands devastated by Cyclone Pam at the weekend will be using the disaster to drive home the need for a globally funded insurance pool to aid in the recovery from such events when they ...
Commercial Lines Insurance Pricing Grew Modestly in Q4: Towers Watson
A moderation of commercial lines insurance pricing that began in early 2013 continued close to two years later, Towers Watson determined in its latest survey of the sector. Specifically, prices grew ...
Amlin Sets Sights on Latin American Growth With New Miami Beachhead
Amlin Plc, a Lloyd's of London insurer and reinsurer, is the latest carrier to expand its focus on Latin America by way of Miami. The new Amlin office had a soft launch last October and formally ...
Delphi to Take on U.S. Coast-to-Coast Driverless Auto Test
Delphi Automotive Plc, a supplier of car electronics, is undertaking the longest test of a driverless auto, going coast to coast in the U.S. with a specially outfitted Audi Q5 sport-utility vehicle. ...
AXIS, PartnerRe and Their $11B Merger Are Back in S&P’s Good Graces
AXIS Capital Holdings Ltd., PartnerRe Ltd. and their pending $11 billion merger are back in Standard & Poor's good graces, which has affirmed the ratings of both companies after essentially ...
Denial of Earthquake Claims Incurs Warning From Oklahoma Commissioner
With the dramatic increase in the number of earthquakes in Oklahoma — which some say are at least partly attributed to waste water injection wells related to the practice of hydraulic fracturing in ...
Chance of California Mega-Quake Rising: USGS
Scientists are virtually certain that California will be rocked by a strong earthquake in the next 30 years. And now they say the risk of a mega-quake is more likely than previously thought. The ...