News
New Agri Re Team Joins Endurance
On Tuesday, Endurance Specialty Holdings Ltd. announced that Avery Cook and Kristopher Lynn will join Endurance later this month to underwrite and manage international agriculture reinsurance ...
IRC Study Finds More Auto Injury Claimants Hiring Attorneys
A new study from the Insurance Research Council (IRC) found that the percentage of auto-related personal injury protection (PIP) claimants represented by attorneys rose to 36 percent in 2012—up ...
Allianz Outlines the Insurance Needs of Emerging-Market Skyscrapers
As the number of skyscrapers and high rises jumps almost exponentially in Asia and the Middle East, the insurance industry faces major challenges in covering risks from construction to completion and ...
EC Wants Online Gambling ‘Health Warnings’
The European Commission will urge countries to demand that online gambling advertisements display warning messages like cigarette packets, according to a draft document seen by Reuters. The EU ...
Guy Carpenter: July 1 Renewal Rates Declined on Many Fronts
Insurance policy renewals as of July 1 declined by double digits in a number of lines and regions around the world, Guy Carpenter reported in a July 7 update. The market assessment echoes those made ...
Senate Panel Approves Bill Protecting Firms Sharing Hacker-Threat Data
A Senate panel approved a bill that would give Bank of America Corp., Visa Inc. and other companies operating critical U.S. computer systems legal protections for sharing hacking threats with each ...
German Airport Has Robot Valet Parking Cars
Plane to catch and don't feel like hunting for parking? Travelers at Duesseldorf airport in Germany can soon leave the job to a robot valet. An airport spokesman says the robot, nicknamed Ray, starts ...
Typhoon Neoguri Slams Japan: Thousands Urged to Take Shelter
Japan's weather agency warned of storms and high waves as Typhoon Neoguri skirted the country's islands of Okinawa, grounding flights and prompting some to flee their homes for emergency shelters. ...