News
Wisconsin Kayaker Who Faked Death, Fled Country Charged After Returning to U.S.
A Wisconsin man who faked his own drowning and left his wife and three children for Eastern Europe willingly returned to the U.S. after four months and was charged last week with obstructing an ...
International, Domestic Insurers Push Into Catastrophe-Hit U.S. Property Markets
International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from ...
Moody’s: Rising Flood Risks Posing Greater Challenges for Eastern and Southern U.S.
Flood risk is rising across the Eastern and Southern states from extreme rainfall, hurricanes and sea-level rise, according to a new report by Moody's Ratings. The increasing flooding hazard poses ...
Guy Carpenter to Research Parametric Solutions in California, Florida
Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks. The effort will focus on the use ...
Embroker CEO Reflects on Tech, Insurance Journey
When it comes to leading, Ben Jennings loves winning as a team. That means tapping into the best of each team member for the betterment of the whole. But Jennings doesn't sugarcoat. He knows it's ...
Four P/C Insurers Are ‘AI Titans’; AI Impact Leaders Revealed: Research
A research firm has identified 100 insurance industry participants that are making a difference with artificial intelligence, including four insurance carriers with property/casualty insurance ...
Eyeing Specialty Focus, AXIS Transfers $2.3B of Re Reserves to Enstar
AXIS Capital Holdings Limited and Enstar Group Limited announced that they have entered into a loss portfolio transfer reinsurance agreement under which AXIS will retrocede $2.3 billion of ...
Tech Bytes: New Partnerships at ACORD, ZestyAI, Clearwater
Ping Data Technology, an insurance technology provider of artificial intelligence driven data ingestion, cleansing and geocoding solutions, and ACORD Solutions Group have announced a strategic ...