U.S.
Napa Quake Making Municipal-Bond Investors Nervous
Municipal-bond investors are trading a record amount of debt from Napa County, California, in a sign that some may be concerned about damage from the strongest earthquake to hit the wine-growing area ...
Ex-AIG CEO’s $25B Bailout Lawsuit to Move Forward
A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
WSI’s 2014 Storm Forecast Becomes (Slightly) Milder
Weather Services International has reduced the number of storms it is predicting for the 2014 Atlantic hurricane season, in a period that has already been slower than past years with extreme weather ...
Post-Quake Napa Rushes to Deal With Damage
Wineries and hospitality businesses in and around Napa, California, near the epicenter of the worst earthquake to hit the area in 25 years, rushed to clean up rubble and broken glass ahead of the ...
Tropical Storm Cristobal Veers Away From U.S.
Tropical Storm Cristobal slowly moved north in the Atlantic, dumping heavy rain on the Bahamas and Turks and Caicos islands on a track away from the U.S., the National Hurricane Center said. ...
EQECAT: Napa Valley Quake Insured Losses Could Reach $1B or More
The magnitude 6.1 earthquake that struck Napa Valley and the San Francisco Bay area of California could end up causing between $500 million and $1 billion of insured losses or more, according an ...
Zurich, AIG and ACE Among Insurers Likely Hit by Napa Valley Quake
The earthquake that struck northern California yesterday will lead to economic losses of as much as $4 billion, fueled by damaged wineries and shuttered businesses that rely on tourists. Insurers ...
Winds Blowing West, Southwest for Regional Carrier Growth
The wide open spaces of the West and Southwest are beckoning some U.S. property/casualty insurers looking to grow premium volumes in previously uncharted territories, according to a new analysis of ...