Industry News

Property Casualty 360

Geico must face bad faith suit stemming from claim over stolen baseball cards

Jun 27, 2017 An appellate court in Arizona has reversed a trial court’s decision and ruled that an insured could proceed...

4th of July: Most dangerous summer holiday for drivers [infographic]

Jun 27, 2017 Travelers customer claims reveal Independence Day is the most dangerous summer holiday for American drivers.

Legalizing recreational marijuana linked to increased car crashes, insurance study finds

Jun 27, 2017 Legalizing recreational marijuana use has resulted in collision claim frequencies that are about 3%...

How directors and officers can reduce cyber liability exposure

Jun 27, 2017 Companies and corporations must take decisive steps as high-profile data breaches become more commonplace.

Insurance Journal

ABI Warned About Risks of Modern Building Materials Before Grenfell Tower Fire

Jun 27, 2017 “External cladding, made from combustible material can often cause significant fire spread upwards and between buildings, which is a...

CNA Hardy Names Neon’s Marriott as Head of Cargo, Lloyd’s

Jun 27, 2017 CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of Alistair Marriott as...

Oil & Gas Industry Faces More Frequent & Sophisticated Cyber Attacks: Deloitte

Jun 27, 2017 Three out of four oil and natural gas companies fell victim to at least one cyber attack last year as hacking efforts against the...

MGA Pen Underwriting Launches Specialist Cover for UK Construction Market

Jun 27, 2017 Pen Underwriting* has launched a new product to address the UK construction industry’s wide-ranging, complex risk exposures. Backed by...

Claims Journal

Business News: MedRisk, Mitchell and Bosch Collaboration, Kespry

Jun 27, 2017 MedRisk Adds Telerehabilitation to its Managed Physical Medicine Offering for Workers’ Compensation Pennsylvania-based MedRisk is integrating...

Southeast Michigan Leads in Smart Road Technology

Jun 27, 2017 Southeast Michigan is becoming a leader in developing “connected” roads and traffic signals that will “talk” directly to the next generation of cars. The...

Safety Risk Considered for Teams That Offer Several Football Helmets

Jun 27, 2017 Oregon football players used three helmets last season – green, black and white – that were mixed and matched with myriad uniform combinations. The...

Summer Jobs Can Put Teens at Risk for Workplace Injuries

Jun 27, 2017 The start of summer means summertime jobs for many teens across the U.S. In 2015, 19.1 million workers under 24 years old represented 13 percent of the workforce, according...

Business Insurance

Aviation insurance industry calls for enhanced capacity, risk pooling to decrease premiums

Jun 27, 2017 Nigerian insurance industry experts said that local...

World Bank targets up to $400 million from pandemic cat bonds

Jun 27, 2017 The World Bank Group's Pandemic Emergency Financing Facility is targeting up to $400 million of...

Tower's board backs Suncorp's improved takeover bid

Jun 27, 2017 New Zealand-based insurer Tower Ltd.'s board is backing an increased takeover bid of $236 million New Zealand ($172...

Tech firms likely to drive new classes of risks to capital markets

Jun 27, 2017 Insurtech firms and technology developments could drive the placement of new classes of risks...

Best's Reviews

Four-term GOP House Member Appointed as Florida’s New Chief Financial Officer

Jun 26, 2017 Florida Gov. Rick Scott has named former four-term Republican state representative Jimmy Patronis as the state’s new Chief Financial...

AHIP Questions Medicaid Cuts in ACA Bill; Some Senators Seek Slower Pace for Vote

Jun 26, 2017 America’s Health Insurance Plans expressed concern the new Senate bill designed to replace the Affordable Care Act would cut...

Lloyd’s CEO: Job Cuts Ahead as Market Seeks to Address ‘Performance Gaps’

Jun 26, 2017 Lloyd’s is facing tough tasks including job cuts, preparation for the United Kingdom’s exit from the European Union, an effort to improve...

Zenefits FTW Insurance Services Agrees to Pay $3.4 Million to Cover Payments to Employees

Jun 26, 2017 Zenefits FTW Insurance Services has reached a $3.4 million agreement with the U.S. Labor Department to settle a probe that...