Underwriting
Oil Train Catastrophe Risk Weighs on Insurers: Kemp
In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, ...
Creating Conditions for Private Flood Insurance Market
New technologies and a better understanding of flood risk may have increased private insurers' interest in providing flood insurance but real obstacles remain to the private sector getting involved. ...
11 States Battle Drought, Heightened Wildfire Risk
Federal officials have designated portions of 11 drought-ridden western and central states as primary natural disaster areas, highlighting the financial strain the lack of rain is likely to bring to ...
Homeowners Choice First Admitted Carrier to Offer Flood Cover in Florida
Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida based provider of homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., announced Thursday that ...
Ford Teams with MIT, Stanford to Research Autonomous Driving
Ford Motor Co. said it is joining with two top U.S. universities to launch research into automated driving technology. The automaker said it will work with Stanford University and the Massachusetts ...Travelers’ Slowing of Price Hikes Raises Concerns; Shares Fall
U.S. insurer Travelers Cos. Inc.'s slowing pace of price hikes raised concerns about its margins and overshadowed a three-fold rise in quarterly profit, sending its shares down as much as 3 percent. ...
Driving Losing Some Of Its Appeal But Reasons May Vary By Country
Car use appears to have leveled off and even started falling in many of the world's advanced economies long before the global downturn in 2008, according to transport experts. The slowdown brings to ...