Commercial Lines
Flood Risk Follows Record Snowfall in Western New York
Lake-effect snow that killed eight people and halted travel across western New York may reach as high as 7 feet in some areas before stopping tomorrow, when temperatures will start to rise along with ...
Hold on. My Phone Says I’m Having a Heart Attack: Top Tech Trends Revealed
"We're going to see more changes in the next 25 years than we've seen in the last 100," a futurist told a group of insurance professionals at an industry meeting last week. The pronouncement by ...
Towers Watson: Insurers Benefit from Proactive Claims Handling
Proactive claims handling is crucial to an insurer's bottom line, according to the latest Towers Watson survey of 35 property/casualty claims officers. The main operational goals of the U.S. P/C ...
Report: AIG Wants At Least $450M For Luxury South Korean Hotel
AIG Global Real Estate, a unit of American International Group Inc., is seeking at least $450 million from the sale of a luxury hotel in the South Korean capital, people with knowledge of the matter ...
Toronto, Worried About Safety & Liability, Seeks Uber Shut-Down
Toronto is asking a court to order the mobile car-booking service Uber Technologies Inc. to shut down in North America's fourth-largest city. Uber has been operating in Toronto since 2012 without a ...
Aon Benfield Places AIG Cover For Massive U.K. Energy Meter Project
Aon Benfield said it has brokered insurance underwritten by AIG that will facilitate the U.K. government's push to install smart energy meter systems around the country by 2020. Specifically, it will ...
Safety Concerns Aside, Drone Use is Soaring
The government is getting near-daily reports — and sometimes two or three a day — of drones flying near airplanes and helicopters or close to airports without permission, federal and industry ...
Half of U.S. Now Being Hammered By Winter Snow
Here's another reminder of how cold it's been so far this season. Yesterday snow cover across the contiguous 48 states reached 50.4 percent before dropping back to 50.2 today, according to model ...