Risk
Hard-Hit Millennials Miss Out on Recovery Enjoyed by Older Americans
The damage inflicted on U.S. households by the collapse of the housing market and recession wasn't evenly distributed. Just ask Jason and Jessica Alinen. The couple, who lives near Seattle, declared ...
Small Probability of Larger Event Following Friday’s Calif. Quake
In an announcement detailing the specifics of a 5.1 magnitude earthquake that struck Southern California on Friday, AIR Worldwide said there is a 5 percent probability that the earthquake could be a ...5.1 Magnitude Southern Calif. Quake Forced Some Weekend Evacuations
A moderate earthquake that rattled a swath of Southern California forced several dozen people in one community out of their homes after firefighters discovered foundation problems that made the ...
Addressing the Profitability Challenge in Commercial Auto Insurance: Emerging Driver-Based Rating Factors
Pop quiz: Which of the following real-life scenarios resulted in a violation on the driver's motor vehicle record (MVR)? (a) Going 55 mph in a 45 mph zone. (b) Making a left turn across two ...
BMS Launches Severe Weather Analytics
BMS Group has announced a new weather risk management module as part of its iVision suite of analytical tools and services. The unique analytical tools allow carriers to better understand their risk ...
Air Pollution Killed 7 Million in 2012: WHO
Air pollution killed about 7 million people in 2012, making it the world's single biggest environmental health risk, the World Health Organization (WHO) said on Tuesday. The toll, a doubling of ...
Best Practices for Managing Emerging Issues From Nanotech to the Internet of Things
As Benjamin Franklin once cautioned: "By failing to prepare, you are preparing to fail." That said, insurers must plan today for the emerging risks of tomorrow. Emerging issues have become ubiquitous ...
Puerto Rico, Detroit Investors Buoyed by Bond Insurers’ Rebound
Buyers of debt issued by bankrupt Detroit or junk-rated Puerto Rico are finding it pays to have bond insurance. The backing is even more valuable after upgrades of units of Assured Guaranty Ltd. and ...