News
Creating Added-Value Data Sets From Weather Model Forecasts
In the first part of this two-part series of articles, we examined the various weather models that drive most of the forecasts used by consumers and businesses to make weather-sensitive decisions. ...
Argo Group Subsidiary Launches Water-Entity Specialty Coverage
Argo Group International Holdings subsidiary Alteris Insurance Services is rolling out a new specialty insurance program that will help cover entities such as water or sewer facilities. The coverage ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
China Investment Firm to Buy Big Stake in Ironshore
An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in late June. ...
Amlin First-Half Profit Takes Hit from Catastrophe Losses
Amlin Plc, the second-biggest Lloyd's of London insurer by market value, posted an eight percent drop in first-half pretax profit on losses from foreign exchange and natural catastrophes. Profit ...
Cost of Uninsured Motorists Continues to Climb: IRC
There hasn't been much ground gained in the battle to reduce the number of uninsured motorists on the road, according to a new industry report. And experts don't fully understand why a solution to ...
Former Zurich CEO Schiro, Goldman Director, Dies
James Schiro, who led Zurich Financial Services AG through the credit crisis and became Goldman Sachs Group Inc.'s lead independent director, has died. He was 68. He died on Aug. 13, according to an ...
Early Use of Real-Time Data Can Save 25% on Claims: LexisNexis
Carriers that incorporate real time data analytics into the claims process at first notice of loss can more accurately and consistently triage claims, identify potentially fraudulent files and ...AIG Resumes D.C. Lobbying Efforts After Hiatus
Insurer American International Group is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the U.S. government during the financial ...