Daily News

Second quarter net income down at Travelers after higher cat losses

The Travelers Companies, Inc. has reported a net income of $683 million for the second quarter of the year, down from $925 million in the same quarter last year because of higher catastrophe losses.
Jul 22, 2014 3:03PM

Proper use of technology could save 15% of loss costs and loss adjustment expense

The insurance industry is poised to see high performance claims transformation if it takes steps to turn routinely overlooked data into actionable information and knowledge, suggests a report published last week by Aite Group.
Jul 22, 2014 1:54PM

Typhoon toll in southern China rises to 46 dead with 25 people missing; 2nd storm nears Taiwan

BEIJING - The death toll from the strongest typhoon to slam into China's south in decades has risen to 46, with 25 other people still missing, the government said Tuesday.
Jul 22, 2014 1:15PM

Rising seas to bring historic floods on Carolinas coast; billions in property at stake

CHARLESTON, S.C. - A new analysis of sea level rise concludes that billions of dollars in property and infrastructure is at risk in extreme floods expected along the coast of the Carolinas in coming years.
Jul 22, 2014 11:02AM

U.S. holding company, C.A. Bancorp Inc. announce joint venture

A U.S.-based holding company and a publicly traded Canadian merchant bank have announced an agreement to form a new Florida-based property and casualty insurance carrier to be named Monarch National Insurance Company.
Jul 22, 2014 9:48AM

CSIO creates new eSignatures vendor dashboard for broker channel

The Centre for Study of Insurance Operations (CSIO) has released an eSignatures Vendor Dashboard for researching eSignature offerings within the broker channel.
Jul 21, 2014 3:43PM

White paper on solar panel safety offers guidance for risk managers

Zurich Insurance Group is recommending that commercial building managers and risk managers try to avoid the installation or integration of photovoltaic systems onto or into buildings until associated risks are fully understood and addressed.
Jul 21, 2014 2:41PM

Typhoon kills 11 people in Vietnam after leaving 26 dead in southern China

HANOI, Vietnam - A typhoon that barrelled into northern Vietnam killed at least 11 people and left several missing, state media said Monday, while in China the death toll from the strongest storm to strike the country's south in four decades...
Jul 21, 2014 12:54PM

Wisconsin train crash, derailment injures 2 people, spills fuel oil, leads to home evacuations

SLINGER, Wis. - A Canadian National Railway Co. train struck another freight train as it rolled through a small village in southeastern Wisconsin, causing cars to derail, injuring two people and spilling thousands of gallons of diesel oil that...
Jul 21, 2014 10:23AM

Updated earthquake model for Canada released by AIR Worldwide

AIR Worldwide’s Earthquake Model for Canada – which the risk modelling firm calls a significant tool for compliance with Guideline B-9 – has been updated to provide insurers and other industry stakeholders with an enhanced...
Jul 21, 2014 9:41AM

<<Previous  Page 1/150  Next>>