U.S.
Cyber Risks Emerging as Shipping Sector Threat: Allianz
Cyber risks are emerging as a new threat for the shipping sector even as ship losses have sunk to their lowest level in a decade, Allianz Global Corporate & Specialty concluded in a new study. ...
XL Group: Teaching Spanish to Construction Site Managers Reduces Risk
After an initial pilot effort, XL Group plans to expand a program that teaches Spanish to clients' construction site managers so they can communicate the need for worker safety directly to their ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
Securities Class Action Settlements Plummet to 16-Year Low
Bringing a securities class action became less lucrative last year. According to a new Cornerstone Research report, total settlements in such cases hit their lowest point in 16 years. The aggregate ...
Property/Casualty M&A Continues Accelerating in 2015: Conning
Property-casualty insurance sector M&A deals jumped by more than 31 percent and deal value grew by more than half from 2013 to 2014 as carriers sought to diversify, remain relevant with customers ...
Kissing, Grooming and Taking Selfies Among Top Driver Distractions
Cellphone use is usually top of mind when you hear the phrase "distracted driving," but a new survey from Erie Insurance found that drivers are engaging in a wide range of potentially dangerous ...
WSJ Documents Decline of The Southport Lane Insurance Empire
An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers' investments was built by a private equity firm in part on questionable assets ...
Anti-Drunk Driving Devices Could Save 59,000 Lives: University Study
Putting technology that prevents drunk drivers from starting a vehicle into every car and truck in the U.S. could save 59,000 lives and $343 million over 15 years, according to a University of ...
Weather Shifts Likely as Arctic Melt Creates Weakest Gulf Stream in 1,000 Years
Gulf Stream water currents in the Atlantic Ocean have slowed to the weakest in as long as 1,000 years, threatening shifts in U.S. and European weather, as well as coastal sea levels including in New ...