News
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 ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
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 ...
Americans Are Moving Toward Climate Danger in Search of Cheaper Homes
A midsummer quiz: Let's say you read about an area experiencing blistering heat for weeks on end — heat so hot that in the day, you can't go outside, and at nighttime, it's still above 90F. Would ...
AGCS and Local Allianz P/C Entities Now Trading as ‘Allianz Commercial’
Allianz Global Corporate & Specialty (AGCS) together with the commercial insurance businesses of local Allianz Property & Casualty (P&C) entities have begun to trade as "Allianz ...
Barring Change, Allstate May Exit California Property Market Completely
The topic of a recent California insurance department workshop was the potential use of catastrophe modeling in ratemaking, but carrier representatives and consumers took the opportunity to air ...