Claims & Reserving
Two Oil Tankers Damaged in Suspected Attack Near Persian Gulf
Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won't avert a military confrontation between ...
Property/Casualty Insurance in the Age of ‘Humane Automation’
Welcome to the age of "humane automation." As organizations ramp up technology investments in search of greater efficiency, a global conversation is emerging around the need to use artificial ...
The Latest Launches From Zurich and Everest Insurance
Zurich has a new hurricane deductible buy-back program. Everest Insurance expanded its workers compensation capabilities for the marine industry.***
Zurich has ...
For Legacy Carriers, It’s About Technology With a ‘Human Touch’
The digital transformation of the insurance industry isn't just for InsurTech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows ...
Wells Fargo Will Pay at Least $385M to Settle Auto Insurance Scam
Wells Fargo & Co. agreed to pay at least $385 million to customers who say they were signed up for auto insurance without their knowledge or consent when they took out a car loan. Terms of the ...
California Utility Reportedly Planning $11B Fund to Resolve Wildfire Claims
PG&E Corp. has spoken to lawmakers about putting together a pool of capital worth about $11 billion to settle claims related to wildfires blamed on the bankrupt California utility, according to ...
Today’s Product Partnerships: CNA/Hartford Steam Boiler and Aon/CyberCube
CNA plans to bring more Internet-of-Things-related technology products and services some of its business customers, by way of a new product alliance. Aon plans to deliver cyber insurance and ...
Cyber Attacks Added to List of Municipal Bond Credit Risks
Huge pension debt. Crumbling infrastructure. Climate change. Now add cyberattacks to the list of things that municipal bond investors should worry about. The recent ransomware attack that shut down ...