News
RMS Rolls Out Updated North America Earthquake Models
RMS has released a new version of its North American Earthquake Models for the United States, Canada and Mexico. The updated version 17.0 model will enable RMS clients to manage their risk ...
The Zebra CEO: Is Government Disrupting InsurTech?
Unsurprisingly, discussion surrounding government's role in free markets with large corporations can be contentious, but it's critical to understand that laws and regulations serve a purpose. To what ...
Charity Auction Lunch With Buffett Is a Bargain Compared to Last Year
A bidder pledged $2.68 million to a San Francisco charity in exchange for a lunch date with billionaire investor Warren Buffett. The winner of the online auction that concluded Friday on eBay Inc.'s ...
Autonomous Cargo Ships May Be Coming. What Are the Risks?
BHP Billiton Ltd., the world's biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron ore to coal as part of a strategic shift that may ...
French Blockchain Startup Stratumn Raises $7.9M
U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup ...
Two Berkshire Hathaway Units Settle in California ‘Bait and Switch’ Insurance Probe
Two insurance units of Warren Buffett's Berkshire Hathaway Inc have agreed to lower their rates and provide more disclosures to settle claims that they overcharged small business owners in California ...
AmTrust to Sell National General Shares for $211.7 Million
AmTrust Financial Services agreed to sell more than 10 million shares it owns in National General Holdings Corp for $211.7 million, a move the specialty property/casualty insurance holding company ...
Cyber Liability Rate Renewals Dipped in Q1 as Coverage Capacity Soars: Marsh
Cyber coverage has been a rapidly growing business segment for P/C insurers for years. But much more capacity may have led to this: U.S. cyber liability renewal rates declined during the 2017 first ...