Markets
Ironshore Beefs Up Kidnap/Ransom Coverage For Latin America
Ironshore, soon to become part of Chinese conglomerate Fosun International, has beefed up its kidnap and ransom coverage for Latin America-based clients. The Bermuda specialty insurer is expanding ...
Willis Completes Majority Investment in London Broker Miller
Reinsurance broker Willis Group Holdings said it has completed its investment in Miller Insurance Services LLP that will enhance its wholesale insurance brokerage business and expertise in marine ...
Florida Insurers in ‘Rock Solid’ Shape as Hurricane Season Opens
The 2015 Atlantic hurricane season opens on Monday, and a combination of a forecast for fewer-than-average storms and the highest level ever of financial resources on hand in Florida to pay claims ...
Has Active Atlantic Hurricane Phase Ended? Experts Weigh In
Two of three groups of expert hurricane researchers have already predicted a below-average hurricane season for 2015, and the third has also signaled that an updated forecast due to be released on ...
Commercial Lines Market Headed For Profit Deterioration
Commercial lines insurance underwriters in the United States have generated two consecutive years of significant underwriting profits. However, market sentiment has turned less favorable recently as ...
Multi-Decadal Climate Change Ahead; Faster Sea-Level Rise Predicted for NE U.S.
A new study, by scientists from the University of Southampton and National Oceanography Centre (NOC), implies that the global climate is on the verge of broad-scale change that could last for a ...
Florida Coast Developers Can’t Resist Building
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million ...
Uber Expands Customer Monitoring, Data Collection
Uber Technologies Inc.'s new privacy policy released last week is shorter, easier to read and more expansive than before. The car booking company now more clearly tells its customers it can pretty ...