News
Dirt Bonds Lead Muni Market in 2013 as Housing Rebounds
Municipal debt tied to real-estate development is set to be the best-performing part of the $3.7 trillion state and local-bond market this year as an improving housing market boosts the securities' ...
Carriers Cut Coverage as ‘Storm Chasers’ Fuel New Roof Demands, Actuaries Report
Homeowner insurers reacting to a growing industry problem, being referred to as "neighbor-itis," has carriers reducing coverage in some regions, actuaries reported recently. Speaking at the Casualty ...
Catastrophe Bond Issuance High, But Short of Record in 2013
The catastrophe bond market experienced near-record issuance in 2013, with $7.1 billion of global issuance falling just short of the all-time record set in 2007 of $7.6 billion, Fitch Ratings ...
Carrier Management’s Top 10 Features of 2013: Game Changers Rule
Game changers see opportunities off to the side when everyone else is looking down the same path. Providing that definition in an article he authored for Carrier Management this year, Doug Libby, CEO ...
EEOC Charges Drop in 2013
For fiscal year 2013, the U.S. Equal Employment Opportunity Commission received less than 94,000 new private sector charges of employment discrimination, marking the lowest level since 2009. The ...
Verisk Climate, Weather Decision Technologies Team Up
Verisk Climate, a provider of enterprise climate risk management solutions, and Weather Decision Technologies (WDT), a high-technology leader in the weather industry, announced earlier this month ...
Tornado Frequency Trends Deceptive, Actuary Says
To develop adequate rates, actuaries don't just need to spot what the next trend will be that will push up claims frequencies or average loss costs. They also need to sort out what the next trend ...
Unnamed Rating Agencies Fail to Follow Criteria, Keep Adequate Records, SEC Says
Credit raters failed to follow their own criteria, allowed research analysts to discuss fees with issuers and kept incomplete records, according to a report from the U.S. Securities and Exchange ...