Specialty
A Primer on WC Provider Omaha National and Its InsurTech Connections
Regional workers comp provider Omaha National is also an InsurTech of sorts. The startup, launched two years ago, relies on proprietary InsurTech software to function, combined with hands-on ...
Regional Coverage Program Rushes $11 Million Payout to the Bahamas
The Bahamas will receive $11 million in post-disaster insurance from a novel 12-year-old regional coverage program. CCRIF, once short for the Caribbean Catastrophe Risk Insurance Facility, was ...
Insurance Linked Securities Hold Their Own in the Face of Cat Bond Losses: Aon Securities
Insurance linked securities are holding their own even as they have been slammed with robust catastrophe bond losses, a new Aon report has found, predicting that the sector will resume growth in ...
Hurricane Dorian Insured Caribbean Losses Could Reach $3B: AIR Worldwide
Hurricane Dorian's impact on the Caribbean will cause $1.5 billion to $3 billion in insured losses, according to an estimate from Verisk-owned catastrophe modeling firm AIR Worldwide. Modeled loss ...
Couple Sues Walmart Over El Paso Shooting, Alleging Poor Security
A couple wounded in the Aug. 3 mass shooting at a Walmart in El Paso, Texas, has sued the retailer, claiming the store lacked proper security, in what their lawyers called the first lawsuit over the ...
U.K. Wavers Between No-Deal Brexit and No Exit
Once the chaos of the Brexit crisis is stripped away, there are ultimately just three main choices for the United Kingdom: departing the European Union without a deal, striking an exit deal or ...
CM Risk Alerts: Semi-Autonomous Cars, Smart Ovens and VR Data Privacy
The use of semi-autonomous cars could lead to an increase in drunk driving, according to one expert. Some smart ovens have been accidentally preheated overnight by their owners. Biometric tracking ...
AIG Will Finalize Transition to Affirmative Cyber Coverage in January 2020
American International Group said it is finalizing a transition to affirmative cyber coverage across its global commercial lines. As of January 2020, AIG said that virtually all of its commercial ...