Underwriting
Cyber Attacks Increasing on Public-Sector and Nonprofit Targets
Government agencies, cities and counties, and even the Colonial Williamsburg website have faced cyber attacks in recent weeks, underscoring that potential targets go well beyond private businesses, ...
RBC is Reviewing Its ‘Volatile’ Property/Casualty Insurance Business
Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling ...
Insurers Face More FEMA Oversight After Sandy Claims Allegations
Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid ...
Ridesharing Insurance Legislation Advances in Georgia
A major property/casualty insurance trade group is lauding Georgia legislators' action on a bill mandating insurance coverage for ridesharing companies that covers an existing gap, mirroring similar ...
P/C Insurance is ‘Hottest’ Hiring Market in Years: Labor Study
Driven by optimistic expectations about market-share growth, property/casualty insurers are hiring talent at the fastest clip in years, according to results of a recent labor study revealing that ...
Great American Insurance Entering Singapore Market
Great American Insurance Group is joining the procession of specialty insurers staffing up a new branch operation in Singapore, the group announced Friday. The group said that its lead insurer, Great ...
P/C Industry Fills Drone Coverage Void Left By Regulators
Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers writing their own safety rules to fill a void left ...
Expect Influx of Soft Tissue Claims to Workers Comp as ACA Takes Hold: WCRI
Workers compensation insurers should expect more cost shifting from group health plans as a key provision of the Affordable Care Act (ACA) takes hold, according to new research from the Workers ...