Specialty
Big Data Increasingly Helps Insurers Spot Risks
Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Insurers and ...
XL Group, Munich Re and New Energy Risk Team Up to Insure Fuel Cell Portfolio
XL Group's Complex Accounts unit has teamed with Munich Re's Green Tech Solutions and consultants New Energy Risk (NER) to deliver an innovative performance insurance policy for a portfolio of fuel ...
Willis Re Grabs Firm With Expertise in Accident and Health Insurance
Willis Re said it will snatch up the assets of a specialized professional advisory and reinsurance broking firm, giving it a boost in the North American accident and health insurance sector. The ...
Ironshore Boosts Life Sciences Business Coverage Capacity
A division of Ironshore Inc. – a billion-dollar insurance holding company – is expanding its pharmaceutical, biotechnology and medical device industry coverage capacity. IronHealth is Ironshore's ...
Navigators Expands European Operations
The Navigators Group Inc., an international specialty insurance holding company, is pursuing a European expansion. Its European underwriting management subsidiary, Navigators Underwriting Ltd., has ...
Florida’s Reborn Home Insurance Market Unproven in Major Hurricane
As Florida seeks to revive its private home insurance market after almost a decade without a hurricane, homeowners are pouring $6 billion a year in premiums into a new generation of small, in-state ...
Major Storms Brewing in Both the Atlantic and Pacific
Tropical Storm Odile may become a hurricane tomorrow as it stays off Mexico's west coast, while tropical depressions formed in both the Atlantic and Pacific, the U.S. National Hurricane Center said. ...
U.S. Government Will Revisit Oil Train Risks
U.S. studies of oil train dangers may have underestimated the perils of volatile vapor on the tracks and officials will in future use precision instruments for more thorough tests, a Transportation ...