Commercial Lines
National Weather Service Launches Advance Warning Disaster Model
Neighborhoods about to be hit by tornadoes and pilots heading into turbulence will get more warning from the National Weather Service starting today. At least, that's the promise of a new forecast ...
Europol Pushes For Data Law Changes to Battle Cybercrime
Law enforcers in Europe need greater powers to retain data for longer in order to catch cybercriminals selling discrete services that police cannot trace under existing regulations, according to a ...
California State Fund Appoints CFO
California's State Compensation Insurance Fund, the state's largest provider of workers compensation insurance, has appointed Peter Guastamachio as its chief financial officer. He will direct all of ...Greenberg Argument: U.S. Bailout of AIG Extorted Shareholders
The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice "Hank" Greenberg ...
Report: PC Industry Increasingly Embraces Big Data Analytics
North American property/casualty insurers have moved well beyond cautious dabbling into projects involving big data analytics. At the same time, they must find more employees with advanced degrees in ...
Insurers Envision Slight IT Spending Hikes for 2015: Novarica
Most insurers only plan modest increases in their IT budgets in 2015. And while other industries are spending more and more in emerging tech areas such as mobile insurance, big data and the cloud, ...
CEO Diekmann Likely to Stay at Allianz Helm
Allianz is set to extend the contract of its Chief Executive Michael Diekmann by two years as the German insurer seeks to soothe the turmoil over leadership change at its PIMCO subsidiary, a German ...
Death Toll in Japan Volcano Rises to 36
At least 36 people are believed to have died from this weekend's eruption at Mt. Ontake in central Japan, as dangerous gases emitting from the country's second-highest volcano hampered efforts to ...