Viewpoints
Climate Change Refugee’s Story Highlights Worldwide Challenges
In October, the U.K.'s Daily Telegraph reported that Ioane Teitiota, 37, from the Republic of Kiribati, has asked a court in New Zealand to officially recognize him and his family as climate change ...
Low Frequency Hinders Study of Northeast Hurricanes
Seventy-five years ago, "the Great New England Hurricane of 1938" laid waste over large areas of the northeastern United States. Last year's Hurricane Sandy provided a more immediate reminder that ...
What Makes a Successful P/C Carrier CIO—and How to Know If You Have One
Triumphant Mutual and Victorious Insurance Co. seem like two peas in a pod. They're similarly sized property/casualty insurers that write personal lines and small-business insurance. But look closer. ...Warming Partly Caused by El Niño; CO2 Warming Effect Less than Believed: Researchers
A natural shift to stronger warm El Niño events in the Pacific Ocean might be responsible for a substantial portion of the global warming recorded during the past 50 years, according to new research ...
Judge Rakoff Wants Someone to Pay For the Financial Meltdown
At a meeting of New York City securities lawyers last week, Jed Rakoff did what he does best: challenge Establishment Thinking. "While the economy has slowly improved, there are still millions of ...
Marsh Urges Energy Insurance Market to Rethink Cyber Clauses
There have been many instances in the past where the property insurance market has responded to events that have contributed significant losses by seeking broad exclusionary language to prevent ...
We Can Write Terror Risk, Industry Execs Say
At least two property/casualty insurance and reinsurance industry executives highlighted the industry's capacity to write terrorism coverage during recent earnings calls, with the most forceful ...
Wrongful Incarceration Suits Surge Giving Rise To Insurance Coverage Trigger Issues
On Dec. 17, 1990, 17-year-old Jeffrey Deskovic was convicted by a Westchester County, N.Y., jury of the rape and murder of a 15-year-old high school classmate. Deskovic was sentenced to 15 years to ...