News
Oklahoma Tornado Damage Likely to Exceed Joplin
The damage from Monday's tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 161 people, Oklahoma Insurance Commissioner John ...
Property Values For Moore, Okla. EF-5 Tornado in $2-$6B Range: AIR
Yesterday, AIR Worldwide put estimates of the replacement value of properties ruined by Monday's massive EF-5 tornado striking Moore, Okla. at more than $2 billion. According to a statement released ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
Executives See Cloud Collaboration Aiding Execution, Innovation
Corporate executives increasingly look at cloud collaboration as a way to increase productivity, speed up business results and improve collaboration across functions. Sixty-four percent of more than ...
Wage and Hour Claims Among Top Threats to U.S. Employers
Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under the Fair Labor Standards Act (FLSA) in have continued to ...
AIG to Invest $92.5M in China P/C Insurer
American International Group Inc. (AIG), which sold much of its stake in the Asian insurer AIA Group several years ago to help pay back the federal government for its bailout, is moving to reinvest ...
China Offers India a ‘Handshake Across the Himalayas’ to Ease Border Tension
India and China will study new ways to ease tensions on their ill-defined border after an army standoff in the Himalayas, Chinese Premier Li Keqiang said on Monday on his first official foreign trip. ...