News
XL Unveils Sharia Compliant Equine Cover Through Lloyd’s of London
XL Group has rolled out what it bills as the first Shariah compliant product available through Lloyd's of London – cover for horses. Offered with Cobalt Underwriting (a specialist Shariah compliant ...
Standard & Poor’s: Insurance Industry Growth Isn’t Coming Easy
Global insurers are generating solid growth despite dealing with sluggish economies, historically low interest rates and new regulatory restrictions, Standard & Poor's concluded in a new report. ...
States—Not Feds—Should Oversee Workers Comp; Reform Challenges Mount
Workers compensation insurance is getting a bad rap these days, with everyone from an investigative media organization to North Carolina's governor offering criticisms of how "the grand bargain" of ...
How the P/C Insurance Industry Can Increase Ethical Behavior
Although 90 percent of property/casualty insurance industry representatives say their industry is largely an ethical one, they believe that the public doesn't see the same picture. And ethics in the ...
Amazon Drones: The Costs and The Benefits
Amazon.com Inc.'s proposed use of drones could drive down the cost to deliver small packages crosstown to about $1— a fraction of existing same-day delivery options, according to a study by a ...
Chance of El Niño Now Up to 70%, Says U.S. Climate Center
A U.S. government weather forecaster on Thursday raised its forecast for the chance of El Niño conditions during the Northern Hemisphere summer to 70 percent, up from a 60 percent chance last month, ...
Cool Atlantic Could Mean Very Quiet Hurricane Season: CSU Forecast
The Atlantic Ocean may have one of its quietest hurricane seasons in decades because of cooler water in the Atlantic and an El Nino in the Pacific, Colorado State University forecasters said. William ...
U.K. Insurance CEO Agrees to Incentive Pay Cut After ISS Complaint
Aviva Plc's Chief Executive Officer Mark Wilson and the chief financial officer lowered their long-term bonuses after Institutional Shareholder Services Inc. was said to have raised concerns over ...