Commercial Lines
Nomura Warns Inflation Risks Could Tar Long-term Insurance Earnings
Property/casualty insurers' 2014 second-quarter earnings will generally serve as a model of stability, though inflation and other factors may adversely affect long-term trends, Nomura Equity Research ...
Tropical Storm Arthur Watch: Small Turns Could Mean Big Impact
As Tropical Storm Arthur develops off Florida's coast, AIR Worldwide isn't predicting an major insurance damage. But small moves can mean big changes, the Boston-based catastrophe modeling firm said ...
Predictive Modeling in Property/Casualty Insurance
Predictive modeling in property/casualty insurance has been most widely used in pricing, underwriting and marketing personal insurance products such as personal auto and residential. Commercial ...
Risk Remains After California’s La Habra Earthquake, Report Concludes
Southern Californians were lucky that a magnitude-5.1 earthquake that hit in March just 20 miles east of Los Angeles caused minor damage. A far worse event in the region is inevitable, however, and ...
Merger Questions and Answers: Ironshore Ends Deal; Tower Deal Survives
Property/casualty insurance industry merger news continued late last week with Ironshore announcing that its deal to acquire an Australia specialist fell apart, while Tower got an assurance that its ...
El Niño Doesn’t Reduce Need for Hurricane Prep, Guy Carpenter Warns
Guy Carpenter & Co. LLC warned that the U.S. Atlantic and Caribbean coastal regions should prepare for at least two hurricanes to make landfall during the 2014 season, even with ...
Nationwide to Lawmakers: Incentive Needed for Resilient Home Standards
On Monday, Nationwide Insurance called on the federal government and state legislatures to introduce and pass legislation that will provide incentives for consumers, homebuilders and contractors to ...
Port Authority Reaches Deal on Silverstein’s 3 World Trade
The Port Authority of New York and New Jersey approved a financing agreement for Larry Silverstein's 3 World Trade Center that allows him to use $159 million of insurance proceeds to help build the ...