Claims & Reserving
Following the Science on Fracking, the Environment and Human Health
Hydraulic fracturing (fracking) combined with horizontal drilling has unleashed a huge oil and gas boom in the United States and redrawn the world energy map. But could this new technology result in ...
Nursing Home Trial Challenges Liability Transfers to Shell Companies
Juanita Jackson died in July 2003, five weeks after she was removed from a Florida nursing home where her family said continual neglect led to multiple bedsores, malnutrition and a fall that injured ...
Eight Years and Counting; Reserve Releases Continue, Fitch Says
Property/casualty industry prior-year loss reserves developed favorably for eight straight calendar years as of year-end 2013, according to a new report from Fitch Ratings, which also says the ...
BP Argues Missing Comma Entitles it to $750M in Coverage For Gulf Oil Spill
BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, asked a Texas court to let it tap into $750 million in Transocean Ltd.'s insurance policies on the doomed Deepwater ...
Fighting Workers Compensation Fraud With New Strategies
Premium fraud and payroll misclassification have been big topics of discussion in workers compensation, especially after a recent report showed that New York City's construction industry cost the ...
U.S. Southwest Anticipates Flooding From Hurricane Odile
A week ago, Hurricane Norbert pumped tropical moisture across the U.S. Southwest, touching off record rainfall in Phoenix and Tucson that killed at least two people, flooded hundreds of homes and ...
Munich Re at Monte Carlo: Predictions of Moderate Growth
While many expect the global property/casualty reinsurance industry to continue its downward pricing spiral, Munich RE predicts moderate growth for itself in the near future. The world's largest ...
Monte Carlo Consensus: Reinsurance Prices Will Keep Falling
Reinsurance prices will fall and worsening terms and conditions will spread to new classes next year as the industry competes for business, said reinsurers and brokers gathering at their annual ...