U.S.
Harvey on Track to Become Hurricane in Texas; State Farm, Allstate, Farmers Face Exposures
Tropical Storm Harvey, which has shut oil and natural gas platforms and triggered a rally in cotton prices, is on track to develop into a major hurricane as it approaches the Texas coast late Friday. ...
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
J&J Talc/Cancer Trial Verdict Opens New Front in Litigation
A massive California verdict in a lawsuit alleging Johnson & Johnson's talc-based products cause cancer has opened a new front in the litigation, upending the company's hopes that the cases were ...
Telematics Startup Roost Raises $10.4M From Three International Insurance Companies
Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva Ventures led the Series B financing; ...
The Latest Launches From XL Catlin, Great American, Marsh and Ironshore
XL Catlin beefed up its professional liability policy for U.S. design professionals with two new enhancements. Great American Insurance Group created a new division focused on the E&S space. ...
Another Lawsuit Accuses Greenpeace of Inciting Eco-Terrorism in Dakota Access Pipeline Case
Energy Transfer Partners LP accused Greenpeace International, Earth First! and other groups of inciting terrorist acts and vandalism to generate publicity and raise money for their causes while ...
Trump’s FEMA Head Backs Reducing Federal Coverage of Flood Costs
President Donald Trump's emergency management director said he's pushing for an overhaul of disaster relief so that states, cities and homeowners bear more of the costs, and less of the risk falls on ...
Some P/C Industry CEOs Speak Out to Employees Against Charlottesville Racist Violence
In the days after a white supremacist/Alt-Right march and violent protests in Charlottesville, Va., some property/casualty insurance carrier executives chose to speak loudly to employees against what ...