Carrier Management

Sunk Superyacht Likely to Cost Insurers at Least $150M, Sources Say

Sunk Superyacht Likely to Cost Insurers at Least $150M, Sources Say Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first...

Posted: Aug 30, 2024

New Method Could Give Months’ Warning of Major Earthquakes

New Method Could Give Months’ Warning of Major Earthquakes The public could have days or months of warning a...

Posted: Aug 30, 2024

Is Heat Causing Branches to Fall Off Trees? Scientists Aren’t Sure

Is Heat Causing Branches to Fall Off Trees? Scientists Aren’t Sure In 2003, as Paris sweltered through a heat...

Posted: Aug 30, 2024

World’s Largest Reinsurers: AM Best’s Latest Ranking…sort of

World’s Largest Reinsurers: AM Best’s Latest Ranking…sort of E...

Posted: Aug 30, 2024

Americans Shop Around for Insurance More Than Ever as Costs Soar

Americans Shop Around for Insurance More Than Ever as Costs Soar Americans are seeking to change...

Posted: Aug 29, 2024

Analysis Finds Remote and Hybrid Work Shift Can’t Curb Congestion

Analysis Finds Remote an...

Posted: Aug 29, 2024

Study: Large Hail Expected to Be More Common in Warming Climate

Study: Large Hail Expected to Be More Common in Warming Climate Under current...

Posted: Aug 29, 2024

Extreme Rain Is a Growing Climate Threat to the Northeastern U.S.

Extreme Rain Is a Growing Climate Threat to the Northeastern U.S. As high temperatures brea...

Posted: Aug 29, 2024

W. Va. Commish to Destroy Older Workers Comp Files, Citing Cyber Risk

W. Va. Commish to Destroy Older Workers Comp Files, Citing Cyber Risk The West Virginia insurance commi...

Posted: Aug 29, 2024

CDC: Deli Meat-Linked Listeria Outbreak Claims Five More Lives

CDC: Deli Meat-Linked Listeria Outbreak Claims Five More Lives The...

Posted: Aug 29, 2024

Context Matters: Mailing Letter Sufficient Cancel Notice, Court Says

Context Matters: Mailing Letter Sufficient Cancel Notice, Court Says Simply mailing a cancellation notic...

Posted: Aug 29, 2024

U.S. P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

U.S. P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021 The U.S. property/casua...

Posted: Aug 29, 2024

Government Report Says DEI Should Be Included in Workplace Injury Prevention Initiatives

Government Report Says DEI Should Be Included in Workplace...

Posted: Aug 28, 2024

Musk Supports California Bill Requiring Safety Tests on AI Models

Musk Supports California Bill Requiring Safety Tests on AI Models Tesla chief Elon Musk, who also owns social media...

Posted: Aug 28, 2024

Travelers: Common Pitfalls to Avoid This Wedding Season

Travelers: Common Pitfalls to Avoid This Wedding Season As peak wedding season approach...

Posted: Aug 28, 2024

New Accounting Rule Forces Change to How AM Best Ranks Top Reinsurers

New Accounting Rule Forces Change to How AM Best Ranks Top Reinsurers The implementation of IFRS 17 accounting standards in the insurance industry has forced a modification to AM Best's annual ranking of top reinsurance groups for 2023, the rating ag...

Posted: Aug 28, 2024

RAND Study Eyes Impact of Legal System Abuse and Social Inflation

RAND Study Eyes Impact of Legal System Abuse and Social Inflation A study from RAND found that rising litigation r...

Posted: Aug 27, 2024

GM’s Cruise to Offer Robotaxis on Uber’s Platform Next Year

GM’s Cruise to Offer Robotaxis on Uber’s Platform Next Year Cruise will offer its autonomous vehicles on ride-h...

Posted: Aug 27, 2024

Conflicting Dam Federal Policies May Lead to Pricier Flood Insurance, Higher Risk

Conflicting Dam Federal Policies May Lead to Pricier Flood Insurance, Higher Risk Conflicting federal p...

Posted: Aug 27, 2024

Telegram CEO Held Over Alleged Failure to Stop Crime on App

Telegram CEO Held Over Alleged Failure to Stop Crime on App Pavel...

Posted: Aug 27, 2024

Results Too Good? Swiss Re Boosts Reserves ~$1B Amid Surprises

Results Too Good? Swiss Re Boosts Reserves ~$1B...

Posted: Aug 27, 2024

Inaccurate Reports Involving Child Passenger Injuries Could Impact Crash Safety Strategies

Inaccurate Reports Involving Child Passenger Injuries Could Impact Crash Safety Strategies A new study h...

Posted: Aug 26, 2024

2024 U.S. Weather Disasters Stack Up

2024 U.S. Weather Disasters Stack Up The U.S. has sustained 395 weather and climate dis...

Posted: Aug 26, 2024

OMAC is Hull Carrier for Sunken Yacht in Sicily

OMAC is Hull Carrier for Sunken Yacht in Sicily Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit by a ferocious storm earlier this month, sinking off the northern coast of ...

Posted: Aug 26, 2024