Underwriting
Colorado Wildfire Cost Insurers $292.8M
The Colorado Black Forest wildfire cost insurers $292.8 million and ruined a record 486 structures, making it the second-most costly fire in the state's history. Policyholders submitted 3,630 home ...
Paint Makers’ $900M Lead Paint Trial Underway in California
BP Plc's Atlantic Richfield Co. is among five companies fighting a public nuisance lawsuit in state court seeking $900 million to replace or contain lead paint in millions of California homes. In a ...
Are Insurers Finally Ready To Embrace Intellectual Property Insurance?
The small yet complicated niche of patent and intellectual property insurance has seen more interest lately as patent claims rise and companies look to protect their ideas or company trade secrets ...
Ward’s Top 50 Nearly 10 CR Points Better Than Industry; Four Newcomers
For more than two decades, the names GEICO, RLI Insurance Company and USAA Group have appeared on an annual list of 50 top property/casualty insurance performers, and four new names joined the ranks ...
New York Approves Workers’ Comp Loss Cost Filing
The New York Department of Financial Services on Monday approved a 9.5 percent revised loss cost increases request from the New York Compensation Insurance Rating Board (NYCIRB) with an effective ...
Keeping Up With Emerging Risks Remains A Struggle For P/C Carriers
The property/casualty insurance industry depends on lots of data to develop products and price them, making the coverage of new risks a significant challenge for underwriters, a London specialist ...
Airline Insurance Premiums Continue to Fall: Willis
Insurance premiums for airlines continued to go down during the first half of this year in what remains a buyers' market, according to a report by Willis Group Holdings. The loss of an Asiana B777 ...
U.S., China Agree to Restart Investment Treaty Talks
The United States and China agreed on Thursday to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the ...