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Category: Insurance


Activity, Insurance

Flood Insurance Will Lapse If Senate Does Not Act

July 30, 2018

Via: Insurance Journal

There is not a lot time left to avoid a lapse in the federal government’s flood insurance program. The Senate is expected to follow the House, which voted last week to temporarily reauthorize the program. Senate Majority Leader Mitch McConnell […]


Activity, Insurance

Blockchain Is Tech Evolution That Will Create Re/Insurance Revolution: B3i’s Marke

July 11, 2018

Via: Insurance Journal

Blockchain technology is moving out of the lab and into the insurance business. It’s moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. It’s been a slow and evolutionary process—one that ultimately […]


Activity, Insurance

California Wildfire Insurance Policy Notification Bill Signed

July 10, 2018

Via: Insurance Journal

California Gov. Jerry Brown has signed legislation to requires insurance companies to let homeowners know whether their policies are sufficient to rebuild or replace their homes after a disaster. Assembly Bill 1799, by Assemblyman Marc Levine, D-Marin County, addresses consumer […]


Activity, Capital and risk, Credit, Insurance, Trading

Trade Credit Insurance Could Get Boost from Trade War

July 6, 2018

Via: Insurance Journal

Trade tensions sound like a great opportunity to underwriters of a little-known insurance product. U.S. President Donald Trump set off fears of a global trade war with tariffs on metals and an array of imports from China. As countries ratchet […]


Activity, Insurance

U.S. Cyber Market Grew 32% in 2017 But Most Small-Medium Firms Opted Out: A.M. Best

May 21, 2018

Via: Insurance Journal

The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year over year to $1.8 billion, and policies in force jumped 24 percent to 2.6 million, according to an A.M. Best special […]


Activity, Insurance

GDPR Insurance: Coverage for Fines Hard to Find But Other Non-Compliance Costs Insurable

May 16, 2018

Via: Insurance Journal

A “price of data security” guide by Aon and DLA Piper of the availability of insurance for General Data Protection Regulation (GDPR) infractions revealed that businesses are on their own in most countries. Not only are Finland and Norway the […]


Activity, Insurance

Why Property & Casualty Insurance Should Not Be Optional

May 9, 2018

Via: TheStreet

The U.S. property & casualty insurance industry pays out more than $400 billion in policy benefits, according to the American Insurance Association. The industry also employs about 2.3 million people, making property & casualty (or “P&C,” as insurance insiders call […]


Activity, Insurance

Using Insurance Records to Anticipate Future Medical Needs and Reduce Costs

April 27, 2018

Via: Insurance Journal

Scientists at UCLA have determined that medical insurance company records can be used to make accurate predictions about future health conditions in their members. These predictions lead to better outcomes by enabling proactive treatments for future illness, rather than falling […]


Activity, Insurance, Investment banking

Global Insurers Favor Private Equity Investments

April 24, 2018

Via: Insurance Journal

Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to boost returns, a survey of 300 executives overseeing more than $10 trillion in insurance assets showed on Tuesday. Insurers have […]


Activity, Insurance

What to Expect in Commercial Insurance Pricing for Rest of 2018: WTW Spring Forecast

April 12, 2018

Via: Insurance Journal

Commercial property insurance rate increases are easing off initial spikes following 2017’s record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on many lines of business for the remainder of 2018. That’s according to Willis Towers […]