Personal Lines
May Global Disasters Could Cost Insurers at Least $7B in Claims: Aon Benfield
Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield's ...
AIR Worldwide: Unusual Circumstances Behind Floods in France, Germany, Belgium
Officials have only begun to tally economic and insured losses after widespread flooding hit much of France, Germany and parts of Belgium. But catastrophe-modeling firm AIR Worldwide said the ...
Insurers Could Learn From Amazon About Customer Satisfaction
Amazon.com scored its sixth annual victory in the 24/7 Wall Street Customer Service Hall of Fame last year, with 59 percent of customers reporting that they received excellent customer service from ...
Scientists Disagree About 2016 Atlantic Hurricane Predictions
This summer and fall, the Atlantic Ocean might become a testing ground for competing scientific theories. After decades of warmth, there's evidence that the ocean is cooling, a change that could mean ...
Political Connections Ease the M&A Process
Firms that maintain political connections have an easier path through the merger process. In a study that is the first to examine the issue, we compare the differences in merger behavior and outcomes ...
Two Big Data Companies Merge to Expand Crime-Avoidance Technology
Two companies in the big data realm are planning to merge in a move that will help expand the use of risk-reduction technology that helps users safely navigate high-crime areas. Helios and Matheson ...
Colin Moves to East Coast as Pacific Tropical Storm Depression Gains Strength
Tropical Storm Colin moved out to sea early Tuesday after knocking out power to thousands, prompting Florida Governor Rick Scott to declare a state of emergency. The threat of a storm surge flooding ...
$1.1B in German Flood Claims is Double Initial Estimates: Fitch
Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices for ...