Industry News
World Bank: Poor Countries Should Manage Risk, Expand Insurance to Grow
Developing countries should be more willing to take risks that have the potential to spur growth, the World Bank said in a report. While disregarding risk can lead to economic disaster, too much fear ...
EU-U.S. Split Over Financial Regulation As Government Shutdown Delays Trade Talks
Even before the cancellation of the latest round of EU-U.S. talks, negotiations to create the world's largest free-trade deal were getting into difficulty territory. France won a concession to leave ...
Verisk Analytics Forms Verisk Climate Division
Verisk Analytics announced last week that the firm has formed Verisk Climate, a division to respond to customers' needs for new solutions to manage enterprise climate and environmental risks. Verisk ...
New York Ranks No. 2 Behind Calif. for Questionable Workers Comp Claims
New York is second in the nation, only behind California, for questionable workers compensation insurance claims. New York jumped to second in 2012 from fifth in 2011, the New York Insurance ...
Islamic Reinsurance Market Could Grow to $20B: Dubai Official
Dubai unveiled plans on Saturday to become a center for business that follows Islamic principles in areas from banking and insurance to food processing, tourism and education. With a freewheeling ...
Endurance Appoints Galiardo to Newly Created Group Actuary Role
Endurance Specialty Holdings Ltd., a Bermuda-based provider of property/casualty insurance and reinsurance, on Thursday announced that Scott Galiardo, senior vice president, will assume the newly ...
Entertainment Insurers Re-Tune Policies After Michael Jackson Case
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance ...
Delaware’s Corporate Courts Facing Major Turnover
Two of the most important courts for resolving U.S. business disputes, Delaware's Court of Chancery and its state Supreme Court, may be on the cusp of a dramatic turnover that could affect corporate ...