International
Airport Screeners Can Be Sued Over Abusive Conduct: U.S. Appeals Court Ruling
A federal appeals court on Friday handed a victory to travelers who object to invasive screenings at U.S. airport security checkpoints, saying screeners are not absolutely immune from lawsuits ...
Hurricanes, Wildfires and More Will Drive January Reinsurance Renewal Rates Higher
Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said. After falling ...
Hurricane Dorian Causing at Least $25B in Insured Losses; U.S. East Coast Prepares
The U.S. East Coast from Florida to the Carolinas was bracing for devastating winds and a life-threatening storm surge from Hurricane Dorian as the Category 3 storm wreaks havoc on the Bahamas. ...
Executives On The Move at Liberty Mutual and Crawford & Co.
A division of Liberty Mutual Insurance announced a major promotion. Crawford & Company said that its president, UK & Ireland will be retiring, and his replacement has been named.
Millennials Win the Prize at Multitasking
Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people ...
Insurers Help Design Luxury Properties to Tame Disaster Losses
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an ...
European Insurers Are Having a Tough Time
European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies' exposure to Asia are making ...
New Broker McGill & Partners Forms U.S. Subsidiary
The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company's founder Steve McGill has confirmed. When ...
Carriers Experienced Costliest Two-Year Period Ever for Cat Losses: Aon
Global insured losses stemming from major wildfires, tropical cyclones and severe thunderstorms reached $90 billion in 2018, close to 50 percent higher than the annual average between 2000 and 2017, ...