Industry News
Scottsdale Insurance’s Tiepelman to Retire
Scottsdale Insurance Co., a wholly owned subsidiary of Nationwide, announced Tuesday that Gary Tiepelman, SVP of contract and professional lines underwriting, will be retiring effective August 1. ...
Verisk Division, IMS Team On Insurance Telematics Initiative
Verisk Insurance Solutions is linking up with Intelligent Mechatronic Systems in a strategic alliance designed to tap into the growing use of telematics in property/casualty auto insurance. The deal ...
Swiss Re: Non-Life Insurance Premium Growth Still Misses Pre-Crisis Levels
Non-life insurance premium growth continued to improve in 2014, fueled by a stronger performance in advanced markets. But it still averages less than before the 2008 financial crisis, Swiss Re said ...
U.S. Vents in Meetings With China About Cyber Theft Concerns
The United States said on Tuesday that cyber theft sponsored by the Chinese government was a major problem and stressed the need to keep Asian sea lanes open as the world's two biggest economies held ...
Ford Pledges to Accelerate Self-Driving Car Development
Ford Motor Co is joining other global automakers in stepping up efforts to roll out self-driving cars, company executives said on Tuesday. The U.S. automaker will expand advanced safety technology, ...
A Relatively Quiet Atlantic Hurricane Season Could Still Produce a Big One
While individual storms could make landfall and wreak havoc, The 2015 Atlantic hurricane season is likely to be a relatively quiet one overall, Guy Carpenter said. The risk and reinsurance specialist ...
Stone Point Capital Invests in Alliant Insurance Services
Stone Point Capital is investing in Alliant Insurance Services, an insurance brokerage backed by KKR & Co. Funds managed by Stone Point will become Alliant's largest shareholders, according to a ...
What the Future Holds for Catastrophe Modeling: Aon’s Impact Forecasting
Technologies are rather like bicycles. Just as riders must continue to move forward or risk falling down, so too designers of catastrophe models are moving full speed ahead to stay on course, experts ...