News
Automation, Analytics Behind Proactive Approach to Insurers Facing Hurricane Losses
A new report by Insurity, a cloud-based software provider for insurance carriers, brokers and MGAs, highlights the best practices insurance organizations can implement to move away from a reactive ...
Chubb Quarterly Profits Come Out Stronger Than Expected
Chubb beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a hit from catastrophe-related claims. Investment income, which had slumped for most insurance ...
California Latest State to Use Beavers as a Way to Mitigate Water Issues, Wildfires
For years, beavers have been treated as an annoyance for chewing down trees and shrubs and blocking up streams, leading to flooding in neighborhoods and farms. But the animal is increasingly being ...
Berkley on Industry’s Financial Results: ‘Cat Losses Count’
The fact is, catastrophe losses are a part of an insurers' financial results and not a line item to be dismissed, said W. Robert Berkley Jr, president and chief executive of W.R. Berkley Corp, during ...
Firms With Flexible-Work Policies Hire Faster Than Those Fully in Office: Research
Companies with flexible in-office policies are hiring faster than those that have fully returned to pre-pandemic attendance rules. But landing a flexible job still comes with challenges. New research ...
Farmers Forced to Rescind Thousands of Nonrenewal Notices in Georgia
About the same time that it announced a major pull-back from the Florida and California markets, Famers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, ...
Human-Induced Climate Change Plays ‘Overwhelming’ Role in July Heatwaves: Scientists
Human-induced climate change has played an "absolutely overwhelming" role in the extreme heatwaves that have swept across North America, Europe and China this month, according to an assessment by ...
New Proposed Rule Seeks to Limit Rise of Black Lung Disease
A half-century ago, the nation's top health experts urged the federal agency in charge of mine safety to adopt strict rules protecting miners from poisonous rock dust. The inaction since — fueled ...