News
AIR Releases Inland Flood Model for U.S.
Catastrophe risk modeling firm AIR Worldwide (AIR) has released a physically based, probabilistic inland flood model for locations on and off the many and varied floodplains across the United States. ...
Missing Daughter’s Prayer Service Benmosche’s Big Regret
After five years rebuilding American International Group Inc. in the wake of a government bailout, Robert Benmosche said his biggest regret has nothing to do with the turnaround of the insurer. It ...
In North America, the World Cup is in full swing. With it, we can draw lessons from AI and contextual...
Supreme Court to Decide Future of Disparate Impact Claims
Taking up a case closely watched by banks and insurance companies, the U.S. Supreme Court agreed last week to decide whether federal housing law permits racial bias claims based on seemingly neutral ...
MetLife to Challenge Systemic Risk Designation
MetLife Inc., the largest U.S. life insurer, is challenging a U.S. finding that it poses a potential risk to the financial system if it were to fail. MetLife requested a hearing before the Financial ...
Ebola Disrupts Some of Exxon Mobil’s West Africa Operations
Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the company's chief executive officer said on ...
AmTrust Closes Deal to Snatch Up Florida WC Insurer
AmTrust Financial Services has closed its purchase of a workers compensation insurer—a subsidiary of Blue Cross & Blue Shield of Florida (Florida Blue)—right according to plan. AmTrust still ...
Data Theft from 76 Million Homes Enabled by JPMorgan Password
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million ...
USAA Wants to Survey Disaster Site Damage With Drones
United Services Automobile Association, the provider of insurance to military families, is seeking permission to use unmanned drone aircraft to survey damage at disaster sites. USAA requested ...