Specialty
How a Doomed U.S. Cargo Ship Collided With Hurricane Joaquin
The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid mountainous waves and brutal winds, ...
Hamilton CEO Duperreault: Tech Improvements Boost Carriers and Brokers
Technology can transform and improve how the property/casualty insurance industry works on both the carrier and broker sides of the equation, asserts Hamilton Insurance Group CEO Brian Duperreault. ...
Watch This Video: Guy Carpenter’s David Priebe Considers The Future of Alternative Capital
Insurance linked securities, cat bonds, or collateralized reinsurance are no longer a novel thing. They're embedded in many insurance company capital frameworks, and, as a result, a routine part of ...
California Wildfire Insured Losses Surpass $1B: Impact Forecasting
With a month to go for the peak California wildfire season, insured losses already surpassed $1 billion in September - the costliest and most damaging for the U.S. in eight years, according to Impact ...
A.M. Best: Half-Year Results Hint at Year Three of Underwriting Profits
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year ...
DuPont Defeated in First Liability Trial Over Toxic Teflon-Making Chemical
A cancer patient prevailed in her lawsuit against DuPont on Wednesday, when a jury awarded her $1.6 million and found the company liable for leaking a toxic chemical used to make Teflon into the ...
Lloyd’s Insurer Waiting List Reaches 327-Year Record
The waiting list for an insurer to get a spot on the underwriting floor of Lloyd's of London is the longest in its 327-year history, indicating record demand for access to the market. Lloyd's has ...
How to Embed a Culture of Innovation
It may have a reputation for conservatism, but the insurance industry is no stranger to innovation. If we look back through history, we see that insurance has driven innovation in crime prevention, ...