Daily News

Study connects man made global warming to ongoing California drought, winter's polar vortex

WASHINGTON - A new study is asserting a link between climate change and both the intensifying California drought and the polar vortex blamed for the recent harsh winter.
Apr 24, 2014 3:38PM

'Poor experience' - not just price - top reason consumers look to switch insurers

A poor experience, not just premium increases, is a top reason for policyholders to search for a new auto insurer, according to a new U.S. study from J.D. Power.
Apr 24, 2014 2:59PM

Seven cat bond deals total $1.41 billion in first quarter: Aon Benfield Securities

Investors continued to pounce on cat bonds during the first three months of 2014, with Aon Benfield Securities Inc. reporting seven transactions totalling US$1.41 billion during Q1.
Apr 24, 2014 2:13PM

Zurich identifies seven cyber risks that threaten systemic shock

Cyber-risk management professionals must look beyond their internal information technology safeguards to interconnected risks that could build up and create a global shock on a similar scale to the 2008 financial crisis, cautions recently...
Apr 24, 2014 10:21AM

6.7 earthquake rattles area off northern Vancouver Island

PORT HARDY, B.C.- Glass rattled, buildings swayed, but no damage was reported after a magnitude 6.7 earthquake hit off the northern coast of Vancouver Island on Wednesday night.
Apr 24, 2014 9:10AM

Flood damage to New Brunswick roads, bridges in the millions: minister

FREDERICTON – Spring flooding has already caused millions of dollars in damage to New Brunswick's roads and bridges, the province's transportation minister said Wednesday.
Apr 23, 2014 6:12PM

New federal requirements could put upward pressure on levels of capital to hold: CEO

The Office of the Superintendent of Financial Institutions’ (OSFI) Own Risk and Solvency Assessment (ORSA) guideline will demand a new level of focus by insurers to adequately assess their risk profile, but could put upward pressure on...
Apr 23, 2014 3:14PM

Google's 'Street View' maps add digital time capsules for visual retrospectives

MOUNTAIN VIEW, Calif. - Trips down memory lane are now available on Google's digital maps.
Apr 23, 2014 2:35PM

Aviva U.K. detected £110 million in insurance fraud last year

Aviva detected more than £110 million worth of insurance fraud in 2013 in the United Kingdom, up 19% over 2012, the company said Wednesday.
Apr 23, 2014 2:30PM

CSIO touts eDocs certification at annual general meeting

The Centre for Study of Insurance Operations held its annual general meeting Tuesday, acclaiming eight members of the board of directors, touting its eDocs certification program and presenting awards to 12 members who have passed eDocs...
Apr 23, 2014 1:52PM

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