Specialty
Farmers Are at Risk if La Niña Emerges as Some Predict
The El Nino that has dominated global weather for more than a year has ended and may give way by the end of 2016 to a weak or moderate La Nina that can dry up crops in Brazil, soak them with rains in ...
CEO at Canal Insurance Resigns; Board Member Takes His Place
There's been a changing of the guard at Canal Insurance Co., a family-owned insurer based in South Carolina focused on commercial trucking and specialty transportation. Canal said that its board ...
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 ...
Allianz Division Brings on AXIS/Chubb Hires to Grow U.S. Cyber Team
Allianz Global Corporate & Specialty is the latest carrier to expand its cyber insurance arm in response to the fast evolving and growing risk. New hires from AXIS and Chubb will help round out ...
Puerto Rico Insurers Urge Talks to Avoid Major Bond Default
Puerto Rico's bond insurers are urging the commonwealth to negotiate with creditors as speculation increases that the island will default July 1 for the first time on its general-obligation debt. ...
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 ...
Declined D&O Claims Have Global Relevance: Marsh
When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with "the financial costs of a claim or loss entirely on its own," ...
Alliant Acquires Western Carwash Insurance Program
Alliant Insurance Services has acquired Western Carwash Insurance Program in California. Terms of the agreement were not disclosed. Western Carwash Insurance Program is the exclusive insurance ...