News
Many Injured BP Oil Spill Workers Must Sue Again to Get Paid
BP Plc, having pledged billions of dollars for damages caused by the 2010 Gulf of Mexico oil spill, won't have to make payouts any time soon to more than 95 percent of the workers hurt while cleaning ...
Airborne Cars May Be Flying Over Traffic Within 3 Years
The first time Carl Dietrich brought his flying-car concept to the Experimental Aircraft Association's annual AirVenture gathering in Oshkosh, Wisconsin, he had only a video to show the aviation ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
World Bank Says Some Climate Change Impacts Unavoidable
Some future impacts of climate change, such as more extremes of heat and sea level rise, are unavoidable even if governments act fast to cut greenhouse gas emissions, the World Bank said in late ...
Swiss Re: Emerging Markets to Push 2015 Premium Growth
Global non-life insurance direct premiums will grow moderately over the next few years, Swiss Re predicts in a new report. A surging emerging market is expected to generally balance out stagnant and ...
Risk and Insurance Experts Predict Thanksgiving NFL Winners, Losers
Ah, Thanksgiving. A time for family, good meals and joy—unless your team epically fails on national television, stirring your gut into an acidic cauldron of turkey, stuffing, cranberry sauce and ...
Big Data and Insurance: Coming to a Supermarket Near You
If supermarket chains wanted to get in the business of selling property/casualty insurance, there is a source of consumer information they might tap to identify the best risks that most P/C actuaries ...
A.M. Best Throws Some Cold Water on RenRe’s M&A Plans
A.M. Best has thrown some cold water on RenaissanceRe Holdings Ltd.'s $1.9 billion stock and cash bid for fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd. The insurance rating entity ...
Over 5,000 Volunteer for IICF Week of Giving
During the Insurance Industry Charitable Foundation's (IICF) Week of Giving, 5,312 insurance industry volunteers from 87 cities across 21 states joined together to provide more than 14,500 hours of ...