Commercial Lines
RMS Releases Latest Europe Windstorm and North Atlantic Hurricane Models
Catastrophe risk modeler RMS has released version 15.0 of its RMS Europe Windstorm and RMS North Atlantic Hurricane Models. Matthew Grant, general manager of models and data at RMS, said the updated ...
Media Portrayal of Workers Comp Fraud Impacts Real-Life Claims
The depiction of workers compensation fraud in television shows has impacted the public's perception of the crime, said two experts during a session on the subject at the Combined Claims Conference ...
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. ...
AXA Strategic Ventures Invests in a French ‘Big Data’ Startup
AXA Strategic Ventures has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them ...
Radon Levels Up in Pa. Homes Post Fracking: John Hopkins Research
Johns Hopkins Bloomberg School of Public Health researchers say that levels of radon in Pennsylvania homes—where 42 percent of readings surpass what the U.S. government considers safe—have been ...
Verisk: Q1 Cat Bond Issuance Climbed to $1.5B
Catastrophe bond issuance crossed the crucial billion-dollar threshold for the second year in a row in Q1, and cat bond lite momentum also continued its upward trend, according to a new report from ...
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 ...
U.K.-Based Insurers Face Risks If Nation Exits European Union: A.M. Best
Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position ...