International
Extreme Weather and Misinformation Top Global Risks: World Economic Forum
Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of years, a World Economic Forum (WEF) survey released on Wednesday said. While ...
Verisk: Insured Losses From 7.5M Japan Quake Between $1.8B and $3.3B
The Extreme Event Solutions business unit of Verisk estimates insured property losses resulting from the Jan. 1, 2024, 7.5 magnitude Noto Earthquake will range between $1.8 billion and $3.3 billion ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Latest Japan 7.5M Earthquake Estimated at $6.4B in Total Insured Losses
The 7.5 magnitude earthquake that struck off the west coast of the island of Honshu in Japan on Jan. 1, 2024, will lead to an estimated $6.4 billion in total insured losses, according to Karen Clark ...
Air Traffic Communication Focus of Fatal Tokyo Runway Crash Probe
Investigators were focusing on communication between air traffic control and two aircraft at Tokyo's Haneda Airport on Wednesday, a day after a large passenger plane and a Japanese coast guard ...
AIG Leads Policy for Japan Airlines Plane Involved in Collision
U.S. insurer AIG was the lead insurer on a $130 million "all-risks" policy for the Japan Airlines airplane which collided with another plane at Tokyo's Haneda airport, two insurance industry sources ...
Major Japan Quake Topples Buildings, Killing at Least 30 People
At least 30 people were killed and scores injured in a powerful earthquake that hit off the Noto Peninsula on Japan's northwest coast, toppling buildings, buckling roads and triggering a blaze that ...
Japan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices
Japan ordered four major non-life insurance companies to improve business practices in connection with anti-competitive activity that aimed to keep premiums high, Finance Minister Shunichi Suzuki ...
Self-Driving Cars Could Be on UK Roads by 2026
Self-driving cars could be on some British roads by 2026, the country's transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on ...