Underwriting
Workers Compensation Could Take Small Hit From Ebola Outbreak: I.I.I.
With the first Ebola cases appearing in the U.S and its spread continuing in West Africa, workers compensation insurance could take at least a small hit due to health-care employee exposure, the ...
Tropical Storm Vongfong Hits Japan
Tokyo residents were warned of violent winds and flooding as Tropical storm Vongfong headed northeast toward Japan's main island of Honshu, injuring dozens and causing power outages. The storm packed ...
Atlantic Hurricane Season Still Has Time To Rally
The Atlantic hurricane season isn't dead yet. As weather-watchers focus on Typhoon Vongfong in the Pacific and Cyclone Hudhud in the Bay of Bengal, a subtropical depression has formed south of ...
P/C Insurers Seize Cyber Coverage Market Opportunities
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that's been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are ...
AIG Launches $1B Rail Catastrophe Policy
American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped ...
Bond Insurer MBIA Hit By Data Breach; Wide Net of Damage Likely
Bond insurer MBIA was told two weeks ago about a server breach that compromised the data of thousands of local U.S. government entities, but it did not address the problem until earlier this week, ...
Capital Gains Mute P/C Industry H1 Operating Income Decline
The combined ratio for the property/casualty insurance industry became slightly worse in the first half of 2014, as net investment income declined and weak operating income continued. But net income ...Geithner: AIG’s Collapse Could Have Triggered Global Mass Panic
The failure in 2008 of American International Group Inc., the world's biggest insurer, would have caused "mass panic on a global scale," Timothy Geithner, the head of the Federal Reserve Bank of New ...