Specialty
Aon Benfield: Severe Weather Returned With a Vengeance in March
In March, the most severe weather events carried names like Mike, Niklas and Pam. Also, the United States began to see a return to extreme springtime weather after an unusually slow start to the ...
Radon Levels Up in Pa. Homes Post Fracking: John Hopkins Research
Johns Hopkins Bloomberg School of Public Health researchers say that levels of radon in Pennsylvania homes—where 42 percent of readings surpass what the U.S. government considers safe—have been ...
AIG Plans to Go Global With Commercial Drone Underwriting Strategy
Now there are three. American International Group disclosed it is the latest insurer to win Federal Aviation Administration approval to operate commercial drones, following similar actions with USAA ...
U.K.-Based Insurers Face Risks If Nation Exits European Union: A.M. Best
Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position ...
Cyclone Niklas European Insured Losses Could Hit $2B: AIR Worldwide
When Cyclone Niklas slammed into parts of Europe at the end of March, it turns out the insured losses the storm caused were substantial. AIR Worldwide estimates the final tally will range between ...
USAA Follows State Farm With Commercial Drone Test Plans
USAA plans to start testing drones as a tool to help speed review of insurance claims after natural disasters. The insurer announced on April 6 that it obtained Federal Aviation Administration ...
Hacking Attacks That Destroy Data More Widespread Than Realized
Hacking attacks that destroy rather than steal data or that manipulate equipment are far more prevalent than widely believed, according to a survey of critical infrastructure organizations throughout ...
Lloyd’s Raising Deductible on Oregon Wildfire Insurance
The state of Oregon has a chance to continue its unique insurance policy that helps pay for fighting wildfires in big burning years—but at a higher premium and deductible. Lloyd's of London has ...