News
Half of U.S. Now Being Hammered By Winter Snow
Here's another reminder of how cold it's been so far this season. Yesterday snow cover across the contiguous 48 states reached 50.4 percent before dropping back to 50.2 today, according to model ...
Marsh Brokers Specialty Insurance for Class-Action Lawsuit Settlements
Marsh is now selling specialty insurance designed to help companies address the cost of class-action lawsuit settlements. Class Action Managing General Agency created the coverage, which is known ...
P/C Lobbyists Come Out Swinging Against International Capital Standards
Trade groups representing the property/casualty industry are fighting back against a push to apply global capital requirements to large U.S. insurers who have significant international operations. ...
Carriers Try ‘Holding the Line’ on Property-Cat Renewals: NAPCO
Property-catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to a market report from a wholesale broker specializing in ...
Pet Insurance Sales Soar Past Accident & Health Cover
Maria Makara didn't hesitate to insure her two new dogs. That's because they're family. Her previous pet, a Yorkshire terrier, died in 2013 after contracting pancreatitis and Cushing's disease. ...
Hamilton Acquiring Lloyd’s Sportscover
Hamilton Insurance Group said today that it has entered into a share purchase agreement to acquire Sportscover Underwriting Limited, a Lloyd's managing agent which manages Syndicate 3334, and Kinetic ...
Report: Feds Won’t Call Ex-AIG CEO Greenberg to Testify in Bailout Trial
It looks like the U.S. government won't be calling ex-AIG CEO Maurice "Hank" Greenberg to testify in his $25 billion-plus lawsuit over federal bailout funds the insurance giant was forced to take ...
Researchers Making Cameras Talk to Each Other to ID, Track Pedestrians
It's not uncommon to see cameras mounted on store ceilings, propped up in public places or placed inside subways, buses and even on the dashboards of cars. Cameras record our world down to the ...