News
‘Active Shooter’ Insurance Policies Emerge for U.S. Schools
Insurance broker Paul Marshall can count on his phone ringing in the aftermath of a school shooting. Since the Feb. 14 shooting at a Florida high school, where 17 people were killed and more than a ...
Lloyd’s CEO Beale Urges Brexit Fix for European Insurance Contracts
Lloyd's of London Chief Executive Officer Inga Beale said insurance contracts across Europe will remain at risk unless there's an agreement on how they should be treated in post-Brexit Europe. ...
Effective compliance management in insurance relies on well-organized information and digital processes that accurately reflect producer relationships across multiple interconnected...
For Many Carriers, IoT Remains an Untapped Data-Gathering Tool
Most insurance carriers lack a strategy to capitalize on data generated by the Internet of Things (IoT), even as they realize the importance of having one. Making matters worse, a majority lack ...
The Institutes, International Insurance Society Form Strategic Affiliation
The Institutes is forming a strategic affiliation with the International Insurance Society, both industry groups have announced. IIS, an association for executives and experts in the global insurance ...
Another Day, Another Disruptive Storm to Hammer the Northeast
The fourth nor'easter in three weeks is about to hit the U.S. Northeast, potentially dropping as much as a foot of snow on New York and Boston and shutting down government offices in Washington. Snow ...
Insurers, Banks Full Speed Ahead on Brexit Moves Despite Transition Deal
London-based banks and other financial firms won't put their Brexit moves on hold despite a transition deal between Britain and the European Union as it lacks full legal certainty, industry officials ...
Uber Crash Realizes Fears of Driverless Cars’ Risks and Liabilities
Last week, Waymo showed a video of people riding in its self-driving minivans. They thumbed their phones, yawned and one snoozed. The message: Driverless cars are so safe, they're boring. The clip ...
U.S. P/C Catastrophe Losses Reached a Record $53B in 2017: A.M. Best
U.S. P/C insurance catastrophe losses in 2017 reached $53 billion in 2017, a surge of close to 110 percent compared to 2016, according to a new A.M. Best report. As expected, insured losses from ...