Risk
More Digital U.S. Health Data is Increasing Medical ID Theft
Medical identity theft jumped 22 percent last year as more U.S. health data becomes electronic and easier for cyber criminals to steal from doctors' offices, hospitals and insurers. Incidents of ...
Chubb: Collectors Boost Treasures But Not Homeowners Coverage
Art and antique collectors are buying more treasures, but not necessarily increasing their homeowners or renters insurance coverage to accommodate those high-value items, the Chubb Group of Insurance ...
Australia’s Coal Miners and Farmers Avoid Brunt of Powerful Cyclone
Commodities producers were spared the full wrath of a powerful cyclone that smashed into the east cost of Australia packing winds up to 285 kph (175 mph), but thousands of coastal residents on Monday ...
Swiss Re Eyes South Africa For Commercial Insurance Expansion
A division of Swiss Re has expanded into South Africa with a focus on commercial insurance coverage and services for mid-and large-sized corporate clients. Swiss Re Corporate Solutions' advance into ...
FEMA Shows Some Progress Implementing Flood Insurance Changes: GAO
The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by Congress in two recent laws but lacks resources and data to ...
Millions of Tons of Plastic Trash Clogging Oceans: Scientists
The world's oceans are clogged with plastic debris, but how much of it finds its way into the seas annually? Enough to place the equivalent of five grocery bags full of plastic trash on every foot ...
Train-Delivered Canadian Crude Oil Shipments Will Need More Insurance
The Canadian government is overhauling its safety rules for crude oil shipments by train, creating a disaster fund and forcing railways to carry more insurance. Oil companies will pay into the fund, ...
Reinsurance M&A Will Advance in Earnest: A.M. Best
It is early in 2015 and we've already seen a few major reinsurance M&A deals. Expect that trend to continue in earnest through the year as the market responds to some new realities, A.M. Best ...