Reinsurance
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
The Latest Launches From XL Catlin, Great American, Marsh and Ironshore
XL Catlin beefed up its professional liability policy for U.S. design professionals with two new enhancements. Great American Insurance Group created a new division focused on the E&S space. ...
Trump’s FEMA Head Backs Reducing Federal Coverage of Flood Costs
President Donald Trump's emergency management director said he's pushing for an overhaul of disaster relief so that states, cities and homeowners bear more of the costs, and less of the risk falls on ...
Police-Inflicted Taser Deaths Led to at Least 442 Lawsuits: Reuters
In a first-of-its-kind review of court documents, police reports, other public records and news accounts, Reuters compiled the most comprehensive public accounting to date of deaths and litigation ...
As Congress Mulls Flood Insurance Program Renewal, Private Markets Envision Opportunity
Unleashing the invisible hand that has been missing from the flood insurance market for nearly 50 years is no easy task. But private flood insurance experts say the change would be a good thing not ...
Typhoon Hato Intensifies, Creating ‘Considerable Threat’ for Hong Kong
Hong Kong was preparing to shutter businesses as Typhoon Hato drew closer to the city, with Cathay Pacific Airways Ltd. scrapping flights and the local observatory warning it may raise the ...
Further UK Brexit Plan Details Are on Their Way
The U.K. is preparing to give further details of its approach to Brexit next week when it lays out positions in at least three different areas that it wants to negotiate with the European Union. ...
Global Insured Natural Catastrophe/Disaster Losses Hit $23B in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled $23 billion, while economic losses during the same period came to $44 billion – an ...