News
Latest El Niño 2014 Forecast: Weak and Late
El Niño will probably develop as a weak event in late summer or early fall in the Northern Hemisphere, according to MDA Weather Services, while Commodity Weather Group LLC said it may be delayed for ...
Congress Urged to Help Miners with Black Lung Disease
A retired coal miner who suffers from black lung disease urged Congress last week to help clear a backlog of claims of fellow miners who have the disease. "I look to y'all to help us to get that ...
With Premium Refunds in Process, Criticism of Flood Insurance Program Ebbs
Insurance agent, insurance carrier and real estate lobbyists praised federal regulators in charge of the National Flood Insurance Program (NFIP) last week on Capitol Hill, agreeing that the process ...
Aspen Shareholders Vote Down Endurance Proposals
Aspen Insurance Holdings Limited announced Friday that most Aspen shareholders participating in a consent solicitation have rejected two proposals from Endurance Specialty Holdings Ltd, intended to ...
Aon Reports 2Q Reinsurance Sales Drop; Shares Decline
Shares of Aon Plc, the world's second-largest insurance broker by market value, fell the most since 2012 on Friday after revenue missed estimates as reinsurance sales declined. Aon slipped $4.65, or ...
Deadly March Washington Landslide Connected to 2006 Event
The disastrous March 22 landslide that killed 43 people in the rural Washington state community of Oso involved the "remobilization" of a 2006 landslide on the same hillside, a new federally ...
Bad Weather Likely Cause of Air Algerie Crash: French Officials
Poor weather was the most likely cause of the crash of an Air Algerie flight over the West African state of Mali with 116 people on board, French officials said on Friday. Investigators at the scene ...
What Rating Agencies Really Want to Know About Your Catastrophe Risk
Preparing effective rating agency presentations is important to most companies, but when it comes to articulating catastrophe risk and large loss potential, there can be a disconnect between what ...