Claims & Reserving
Trump Policy Shift on Flood Insurance Draws Cheers From Climate Advocates
Climate advocates say an overhaul of the nation's flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but ...
Devastating Floods in U.S. Plains States Tear Apart Homes, Businesses, Kill at Least Two
There was no let up in sight for devastating floods across the U.S. Central Plains states that have already killed two people, torn apart homes and businesses and cut off small towns, forecasters ...
2018: A Big Year for U.S. P/C Insurers’ Net Income Results
U.S. P/C insurers' net income soared in 2018, thanks in part to premium increases, higher net investment income and fewer catastrophe losses, A.M. Best concluded in a new report. Industry net income ...
Crash Concerns Leave Airlines Rethinking $55B in Boeing Orders
The Boeing Co. 737 Max crash in Ethiopia looks increasingly likely to hit the planemaker's order book as mounting safety concerns prompt airlines to reconsider purchases worth about $55 billion. ...
Insurers Get Apology From Attorney Responsible for Giant Workers Comp Fraud
Sean Enrique O'Keefe said he started out as a "humanistic attorney," but he became a mercenary and then a criminal who netted $700,000 a year by sending San Diego workers compensation claimants to ...
Boeing Shareholders Endure Stock Market Plunge as More Countries Ground 737 MAX 8 Planes
Boeing Co's fall in stock market value this week soared past $20 billion on Tuesday as more countries including the United Kingdom grounded the plane maker's 737 MAX 8 aircraft following Sunday's ...
Workers Who See Like Artists Reduce Workplace Hazards: Study
Employers can reduce workplace hazards by teaching workers how to see like artists, according to the National Safety Council. The organization isn't recommending art classes. It says that research by ...
Global Aerospace, Chubb Face Liability Exposure After Ethiopian Airlines Crash
Britain's Global Aerospace is the lead insurer for the world's biggest plane maker Boeing Co, the insurer's top boss said on Monday. "I can confirm that Global Aerospace leads Boeing, and also Lion ...