Claims & Reserving
Bird Flu Could be ‘Catastrophe’ For Turkey and Egg Industries
Deadly bird flu swelled in the poultry industry in Minnesota and neighboring Wisconsin amid speculation that winds may be carrying virus particles into facilities housing turkeys and chickens. "This ...
2015 to Get a Mild Dose of Hurricanes and Tropical Storms: WSI
Expect 2015 to be another mild year in terms of hurricanes and tropical storms, according to Weather Services International's new forecast for the season. There will be nine named storms, five ...
Insurers Urge FAA to Speed Up Drone Use for U.S. Disaster Response
U.S. companies including insurers and aerospace manufacturers urged federal aviation regulators on Tuesday to speed up the use of drones in disaster response and relief operations in the United ...
BlackRock CEO: Low Interest Rates Threaten Insurers and Pension Funds
Low interest rate policies by central banks around the world are threatening insurance companies and pension funds, said Laurence D. Fink, chief executive officer of BlackRock Inc., the world's ...
Zurich’s Declining Earnings Leads to Desk Sharing, Shrinking Office Space
Zurich Insurance Group AG, Switzerland's largest insurer, is shrinking office space at a key unit and will ask staff to share desks to help reverse a drop in earnings. The steps are needed to help ...
Employee Snafus a Big Factor in Cyber Attacks, Verizon and Symantec Find
When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims ...
Significant Winter Insured Losses Don’t Match Last Year’s: Munich Re
Now that the U.S. is finally emerging from the winter of 2014/2015, the economic and insurance costs are becoming clear. The numbers are substantial, but they're not as bad as the previous winter. ...
AIG Plans to Go Global With Commercial Drone Underwriting Strategy
Now there are three. American International Group disclosed it is the latest insurer to win Federal Aviation Administration approval to operate commercial drones, following similar actions with USAA ...