U.S.
U.S. Insured Property Values Reach New Heights and Cluster in Coastal Regions
U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help ...
Employee Snafus a Big Factor in Cyber Attacks, Verizon and Symantec Find
When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims ...
Travelers Grabs Bulk of P/C Biz From Brazilian Joint Venture
The Travelers Companies Inc. will snatch up the bulk of the property casualty business from its joint venture in Brazil, underscoring insurers' increasing focus on emerging markets. Financial details ...
Arizona Law Cuts Taxes for Insurers
Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law Monday. The tax cut is expected to mean the loss of more than $44 million to the state's ...
States—Not Feds—Should Oversee Workers Comp; Reform Challenges Mount
Workers compensation insurance is getting a bad rap these days, with everyone from an investigative media organization to North Carolina's governor offering criticisms of how "the grand bargain" of ...
Amazon Drones: The Costs and The Benefits
Amazon.com Inc.'s proposed use of drones could drive down the cost to deliver small packages crosstown to about $1— a fraction of existing same-day delivery options, according to a study by a ...
Chance of El Niño Now Up to 70%, Says U.S. Climate Center
A U.S. government weather forecaster on Thursday raised its forecast for the chance of El Niño conditions during the Northern Hemisphere summer to 70 percent, up from a 60 percent chance last month, ...
Cool Atlantic Could Mean Very Quiet Hurricane Season: CSU Forecast
The Atlantic Ocean may have one of its quietest hurricane seasons in decades because of cooler water in the Atlantic and an El Nino in the Pacific, Colorado State University forecasters said. William ...