Specialty
2019 Insured Losses Reach an Estimated $56B: Swiss Re
Global insured losses in 2019 dropped to an estimated $56 billion, from $93 billion in 2018 and below the annual average $75 billion of the previous 10 years, according to preliminary sigma estimates ...
FBI Cyber Warning: Some TVs Too Smart, and Other CM Risk Alerts
A recent FBI warning says smart TVs could leave users vulnerable to cyber criminals. Deepfakes may soon become impossible to detect. Drug-resistant superbugs may be teaching each other how to fight ...
The Latest Launches From The Hartford and Zurich
The Hartford said it has expanded its offerings designed to protect customers from cyber attack risks. Zurich and InsurTech managing general underwriter Vindati have launched a new stand-alone Motor ...
S&P Assigns A- Ratings to Fidelis Insurance Operating Subs; Holding Co. at BBB
Noting the proven track record of its management team and strong top-line growth in a five year time frame, S&P Global Ratings has assigned A- financial strength ratings to the operating units of ...
Insurers Balk at Defending Sexual Misconduct Claims, Even With Weinstein
While Harvey Weinstein's insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get ...
TRIA, NFIP Win Renewals in Government Spending Bill
Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the age for tobacco purchases to 21 and extend the U.S. Export-Import Bank for ...
Sydney’s Wildfire Smoke Declared a ‘Public Health Emergency’
The smoke blanketing Sydney is a "public health emergency," according to a coalition of Australian doctors and researchers who say climate change has helped fuel the wildfires that have produced ...
Nationwide Opens Innovation/Collaboration Space
Nationwide's new center, designed in part to foster innovation and greater collaboration on product development, is open for business. Named The CoOperative, the center will be based at the former ...