U.S.
Lloyd’s Backs Coverage for Sellers Suspended From Amazon
Like many people who make their living selling stuff on Amazon.com, Rob Griffin is terrified of getting kicked off the site. Two years ago the Atlanta resident was suspended for selling a banned ...
For Insurers, Thunderstorm and Hurricane Losses Leave Equal Financial Impact
Risk to U.S. property from thunderstorms is as high as from hurricanes, according to new research finding that for the past decade, severe convective storms have been the largest annual aggregated ...
P/C Insurers, Reinsurers, Saw 2016 North America Operating Earnings Decline
Property/casualty insurer and reinsurer operating earnings in North America dipped in 2016, hammered by factors including higher catastrophe losses, low investment yields and underwriting ...
Google Pairs With Sister Company to Defend Election Groups Against Cyber Attacks
Google and sister company Jigsaw are joining forces to defend election organizers and civic groups against cyber attacks free of charge as the broader tech industry seeks to fend off criticism that ...
Insurers, Reinsurers Key to Addressing $2.1 Trillion U.S. Infrastructure Spending Gap
With a U.S. infrastructure investment gap of nearly $2.1 trillion looming over the next decade, insurers and reinsurers may be key to help closing it, Swiss Re asserts in a new report. "The U.S. ...
Warm Arctic Temperatures Will Lead to More Extreme Weather
Unusually warm weather in the Arctic is helping shift weather patterns this year from North America to the Middle East, after global warming shattered records in 2016, according to the World ...
Trump’s Proposed Flood Map Program Cuts Could Trigger Higher Insurance Rates
A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a ...
Departing AIG CEO Hancock Gets $5M in Cash to Stay During Transition
Peter Hancock gets $5 million in cash to stay on as American International Group's chief executive officer while the board searches for his replacement. But the insurer's departing president and CEO ...