Underwriting
U.S. Infrastructure Vulnerable to Cyber Risks; Experts Say CEOs Too Complacent
After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs ...
Property Events Create Emerging Risks for Casualty Insurers
When we think of large insured losses arising from natural or manmade disasters, we see images from hurricane or earthquake devastation. First-party property damage and business interruption losses ...
Africa Experiments With Sovereign Risk Pool Insurance Scheme
In the 1980s images of skeletal Ethiopian babies and their parents, dying from hunger during a devastating famine, helped galvanize global humanitarian and financial aid to drought-ravaged African ...
Tower Group Rejects Offer From Eastern European Insurer
Tower Group International's board of directors unanimously rejected a surprise acquisition bid submitted earlier this week from an Eastern European Insurer, choosing instead to focus on an ongoing ...
Bennett Moves From QBE to Hardy to Head Up Casualty Underwriting
Hardy Underwriting announced Wednesday that Craig Bennett has agreed to join the group to head up casualty underwriting and plans to start in late October/early November. In this new role, Craig will ...
RAND Study Backing TRIA Among Latest Additions to Continuing Renewal Debate
More than seven months before the Terrorism Risk Insurance Act is set to expire yet again, the lobbying push to renew it or let the post-9/11 law lapse is accelerating, with no consensus yet in ...
Brit PLC Grabs QBE’s Aviation Business After Solid Quarter
Brit PLC, a global specialty insurer and reinsurer focused on property, casualty and energy, will snatch up QBE Underwriting Ltd.'s renewal rights to its London-based Lloyd's Aviation Business. ...
Long-Term Opioid Use for Injured Workers Persists; Worst States Revealed: WCRI
A new study, Longer-Term Use of Opioids (2nd Edition), from the Workers Compensation Research Institute (WCRI) found that there was little reduction in the prevalence of longer-term opioid use in ...