Industry News

Best's Reviews

A.M. Best Withdraws Credit Ratings of MAPFRE MÉXICO, S.A. and MAPFRE Fianzas, S.A.

Sep 21, 2017 A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent), the Long-Term Issuer Credit Rating (Long-Term ICR)...

CoreLogic Chief Scientist: Most Harvey Flood Losses Were Outside 100-Year Zones

Sep 21, 2017 Howard Botts, chief scientist, CoreLogic, said the company estimates 70% of losses in Hurricane Harvey were outside mandatory flood...

Pioneer Underwriters Gains Lloyd’s Approval for New Syndicate

Sep 21, 2017 Pioneer Underwriters and Asta Managing Agency Ltd., a third-party managing agent at Lloyd’s, said they received “in principle” approval from Lloyd’s...

IGI President: Middle East Insurers Eye Expansion in Africa, Asia

Sep 21, 2017 Waleed Jabsheh, president of International General Insurance, said his organization just established an office in Casablanca, Morocco. Jabsheh...

Business Insurance

Technology risks top North American business worries in 2017

Sep 21, 2017 Terrorist attacks, large cyber attacks, and misuse of technology are the top risks facing businesses in...

Holistic evaluation can help companies create workforce diversity

Sep 21, 2017 The commercial insurance industry can learn from other industries about how best to create a...

Construction employers could see 30-day grace period on OSHA silica rule

Sep 21, 2017 Construction employers making good-faith efforts to comply with the U.S....

Global reinsurers rocked by storms and quakes

Sep 21, 2017 (Reuters) — A profit warning from one of the world's largest reinsurers is the latest sign that the...

Property Casualty 360

More hurricane aid pledged as lawmakers tour Houston-area damage

Sep 21, 2017 Congress will need to provide 'substantially more' money for hurricane recovery than the initial $15.25 billion passed...

Enter NU’s Excellence in Cyber Security Risk Management Award today!

Sep 21, 2017 Nominate your cybersecurity program for NU's Excellence in Cyber Security Risk Management Award before time runs out.

SEC says hack may have led to illegal trading profits

Sep 21, 2017 The vulnerability of governments and businesses to cyberattacks was exposed again Wednesday when a top U.S. financial regulator said...

Boston could use the help of a zombie hurricane to avoid Maria

Sep 21, 2017 Hurricane Maria continued its thunderous roll northward as forecasters struggled to pin down a trajectory. Whether the storm...

Insurance Journal

Woodruff-Sawyer Names Kyle Vice President in Oregon

Sep 21, 2017 Woodruff-Sawyer & Co. has named Brandi Kyle vice president in employee benefits in the firm’s Portland, Ore. office. Kyle has 15 years of insurance experience. She was...

Employer Leadership in Disaster Recovery and the Power of Return-to-Work

Sep 21, 2017 Businesses and their leaders have a unique role to play in helping communities and individuals recover from the devastation of a storm like Hurricane...

Texans Helping Texans: Independent MGAs Join Forces for Targeted Harvey Relief

Sep 21, 2017 A group of independently owned Texas managing general agents (MGAs) have come together to provide targeted, direct, local relief to communities...

A.M. Best Upgrades Credit Rating for Columbia Lloyds Companies

Sep 21, 2017 A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength...

Claims Journal

Leadership’s Role in Returning Employees to Work After a Disaster

Sep 21, 2017 Businesses and their leaders have a unique role to play in helping communities and individuals recover from the devastation of a storm like Hurricane Harvey, and...

As Recovery Begins, Industry Tallies Irma’s Mounting Costs

Sep 21, 2017 With two Florida landfalls in the same day, Hurricane Irma‘s destructive wind and flood damage could cost up to $65 billion for both insured and uninsured losses,...

Opioid Crisis Spills Into Workplaces

Sep 21, 2017 At Philip Tulkoff’s food-processing plant in Baltimore, machines grind tough horseradish roots into puree. “If you put your arm in the wrong place,” the owner says, “...

Predators Target NFL Concussion Victims Awaiting Settlement Money

Sep 21, 2017 Lawyers for former NFL players now eligible for payments under the league’s $1 billion concussion settlement said Tuesday they’ve found evidence that...