Underwriting
Everest Re Warns Q4 Catastrophe Losses Will Almost Hit $700M
Everest Re Group Ltd. expects nearly $700 million in catastrophe losses for the 2018 fourth quarter due to wildfires, a hurricane and a hailstorm. Everest's prediction of $695 million in catastrophe ...
Pie Insurance Gains Workers Comp Marketing Approval in 5 More States
Pie Insurance has started selling its online workers compensation insurance in five more states, bringing the total so far to 14. The Washington, D.C.-based managing general agent disclosed it has ...
Boeing’s Flying Car Prototype Hovers Briefly in Air During Initial Test Flight
Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest plane maker bids to revolutionize ...
Regulators Clear California Utility of 2017 Wildfire Liability
As PG&E Corp. barreled toward bankruptcy last week, just one analyst kept a "buy" rating on the shares, largely on valuation. On Thursday, the stock surged by the most ever, rising 75 percent to ...
Workers Comp Is Ongoing Target for Technology Investments: Fitch Ratings
Workers compensation insurers are ongoing targets for technology investments designed to keep the sector competitive and boost performance. Without it, market consolidation is likely, Fitch Ratings ...
Amazon Autonomous Delivery Robots Coming to Seattle Suburbs
Amazon.com Inc. will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last-mile of delivery that's a labor-intensive and costly component of ...
Corporate America Already Planning for Climate Change Challenges, Business Interruption Risks
Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme parks will get too hot for vacationers, while AT&T Inc. fears ...
White House Is Major 2019 Geopolitical Risk: I.I.I. Joint Industry Forum
As insurers track both old and new risks heading into 2019, here's one that carriers don't typically consider: The White House. David Wessel, director of The Hutchins Center on Fiscal and Monetary ...