Underwriting
Report: Global Reinsurance Capital Hits Record High
Global reinsurance capital hit an estimated $570 billion in the first six months of 2014, a new record as the money sources for the sector continued to flourish. Aon Benfield noted the milestone as ...
Marsh, Aon Benfield Launch Cyber Covers Aimed at Cat, Re Buyers
Some major industry players have launched new policies designed to address growing need and demand for cyber insurance. Marsh, the global brokerage unit of Marsh & McClennan Cos., recently ...
Home Depot Cyber Violation Could Be Biggest Retail Breach Yet
Home Depot Inc., the largest home- improvement chain, confirmed that hackers attacked its computer systems at stores in the U.S. and Canada in what could be one of the retail industry's biggest ...
Americans Worry About Risks Caused by Drones: Chubb
Most Americans are worried that the increased use of drones in the U.S. could damage property, cause injury and create other new risks, the Chubb Group of Insurance Companies determined in a new ...
Commercial Insurance Price Hikes Slowed Again in Q2
Commercial insurance prices continued to moderate in the 2014 second quarter. This time, they inched up 3 percent in aggregate, versus a 4 percent increase in the first three months of this year, a ...
Train Delays Force Coal-Burning Power Plants to Seek New Supply Transport
U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low by the widespread bottlenecks on ...
Verisk Names New ISO Division President
Verisk Analytics named Beth Fitzgerald as the new leader of its ISO Insurance Programs and Analytic Services arm. She replaces Kevin Thompson, who retired as a 40-year veteran of the company. ...