U.S.
AM Best: Insurer Portfolio Diversification Hindered by Convective Storms
The growing frequency and severity of convective storms in southern U.S. states is increasingly hampering the ability of insurer and reinsurers to effectively diversify their portfolios, a new AM ...
Crash Reduction Aim of Toyota’s Collaborative Safety Research Center’s New Projects
Three new projects directed at advancing safety in mobility technologies were announced by Toyota's Collaborative Safety Research Center (CSRC).
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 ...
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, ...
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 ...
