Underwriting
Nationwide’s P/C Results are Solid, With a Dose of Bad Weather
Nationwide Mutual Insurance Company's property casualty arm performed solidly in the 2014 second quarter, despite the Polar Vortex and major storm activity that hampered earnings over the first six ...
NOAA Sees Nuisance Flooding Rising for U.S. Cities
Residents and officials in major U.S. cities know it doesn't take a fierce storm or menacing hurricane to cause flooding as they increasingly have to deal with so-called "nuisance flooding" caused by ...
P/C Underwriting ‘Negativity’ Is Spreading – KBW
Negativity in property/casualty insurance underwriting keeps spreading like a contagion in 2014, with very few lines escaping pricing pressures and no sign of a letup anytime soon, Keefe, Bruyette ...
AIR Worldwide Views Two Recent Japan Storms as Costly
AIR Worldwide said that a recent storm that struck Japan, combined with a substantial typhoon earlier this summer, could leave behind costly damages. The catastrophe modeling firm noted that typhoon ...
FICO Credit Scores to Ease Up on Medical Debt
A move by personal credit score provider FICO to leave out or discount medical debt from its scores will boost the credit record of many borrowers, while helping lenders to better assess risk. The ...
Catlin Doubles Profit Amid Rate Deterioration, Plane Crashes
Catlin Group Ltd., the insurer paying for two Malaysian Airline disasters, rose the most in more than a year in London trading after reporting record earnings even as deteriorating rates plague the ...
Hawaii Dodges Hurricane Bullet
Hawaii escaped its first hurricane strike in 22 years as Iselle was downgraded to a tropical storm just before making landfall at the Big Island. Iselle, bearing winds of 60 miles (96 kilometers) per ...
Climate Change May Worsen Tornadoes- FSU study
Published this week in the journal Climate Dynamics, the study by Professor James Elsner says that although tornadoes are forming fewer days per year, they are forming at a greater density and ...