Industry News
Cyclone Hudhud Making Damaging Mark in India
Cyclone Hudhud caused some serious damage in India after making landfall early Oct. 12, AIR Worldwide said. The Boston-based catastrophe modeling firm said the storm hit near Visakhapatnam with wind ...
Tropical Storm Vongfong Hits Japan
Tokyo residents were warned of violent winds and flooding as Tropical storm Vongfong headed northeast toward Japan's main island of Honshu, injuring dozens and causing power outages. The storm packed ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
Get Your Insurance, IKEA-style
A new competitor is jumping directly into the insurance market – IKEA Group, the Swedish maker of stylish and affordable furniture. The Wall Street Journal reported that the company began selling ...
Atlantic Hurricane Season Still Has Time To Rally
The Atlantic hurricane season isn't dead yet. As weather-watchers focus on Typhoon Vongfong in the Pacific and Cyclone Hudhud in the Bay of Bengal, a subtropical depression has formed south of ...
Hamilton USA Becomes Valiant Insurance’s Latest Owner
Valiant Insurance Company has traded hands again. This time, the new owner is Hamilton USA, the New Jersey-based insurance operations of Hamilton Insurance Group. Here's the transaction in detail: ...
P/C Insurers Seize Cyber Coverage Market Opportunities
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that's been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are ...
Berkshire Hathaway Specialty Unveils New Coverage For Executives
Berkshire Hathaway Specialty Insurance is rolling out out insurance coverage to address exposures for executives and their companies regarding oversight of their employee benefit plans. Dubbed ...
AIG Launches $1B Rail Catastrophe Policy
American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped ...