Claims & Reserving
A Fading El Nino Could Trigger a Busier Hurricane Season
Government meteorologists say this year's hurricane season may be busier than initially expected now that summer's weak El Nino has faded away. The National Oceanic and Atmospheric Administration's ...
Climate Change Could Increase Turbulence On Your Next Transatlantic Flight
Keeping your seat belt buckled for the duration of Transatlantic flights increasingly looks like a good idea, according to a study of weather systems. The research by meteorologists at the University ...
California Utility Loses $2.6B Due to Wildfires and Bankruptcy
PG&E Corp., the bankrupt California utility giant, reported a $2.6 billion second-quarter loss and said it expects more charges this year tied to wildfires that devastated the state in 2017 and ...
AI and Bionic Eyes Poised to Be the Latest Wildfire Risk Reduction Tools
On a tower in the Brazilian rain forest, a sentinel scans the horizon for the first signs of fire. Only these eyes aren't human. They don't blink or take breaks, and guided by artificial intelligence ...
UK Consumers Urged to Lodge Claims for Mis-Sold Loan Insurance
Britain's financial complaints body encouraged consumers on Friday to lodge claims for mis-sold loan insurance ahead of an Aug. 29 deadline, despite criticism from some banks that a majority of the ...
Insurers Propose Their Own Plan for PG&E Bankruptcy Reorganization
Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The ...
InsurTech Investment Remained High in a Robust Q2: Willis Towers Watson
InsurTech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which total new funding commitments exceeded $1.2 billion, ...
Insurers Wave Caution Flag at New Auto Safety Technology
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes ...