Government
Western U.S. Drought Pressures Expected to Intensify
Drought pressures will increase in California and western areas of the United States this spring even as the dry season begins, the government's Climate Prediction Center said on Thursday. "Periods ...
Bank of England Promises Fair Use of Solvency II Insurance Rules
The Bank of England said on Friday that it would apply new European Union insurance regulations "proportionately," following industry fears that the central bank might seek to add extra rules for ...
Zurich Exec to Senate Subcommittee: Industry Needs National Cyber Threat Database
Cyber insurance is one of the fastest growing property/casualty insurance markets. But the sector remains the Wild West of risk prevention, a fast moving target with rapidly-evolving risk portfolios, ...
A Son of Watergate Remembers His Father
To the world, H.R. Haldeman was President Richard Nixon's chief of staff beginning in 1969 and a central figure in the Watergate scandal in the early 1970s. To Hank Haldeman, H.R. Haldeman was also ...
Uber Hit With German Court Ban Preventing Use of Unlicensed Cab Drivers
A German court on Wednesday banned Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport laws by the pioneering online taxi firm. Uber, ...
Insurance Innovation Can Tackle Global Environmental Disaster Risks
Property/casualty insurance industry innovation can help tackle environmental disaster risks as they emerge around the world, a Willis executive and UN official assert. Margareta Wahlström, the UN ...
Economic Losses From Natural Disasters Could Hit $750 Billion Annually in 15 Years: AIR Study
Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe ...
FIO’s McRaith: Feds Have the Backs of Insurers For Cyber Attack Threats
The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director ...