After four years in Washington as the nation’s products safety czar, Inez Tenenbaum is coming home to the Columbia area, her life changed in ways large and small. “Now I’m always giving advice unsolicited to my friends and nieces and …
Revenue and earnings growth for U.S. insurance brokers in 2014 is expected to improve modestly over 2013, according to a report by Fitch Ratings. Fitch issued a stable rating outlook and positive sector outlook for the insurance broker market. Fitch …
Ex-football players’ head-trauma lawsuits against the National Collegiate Athletic Association, unlike National Football League cases consolidated by federal judges and later settled for $765 million, defy easy grouping. Former student athletes have filed 10 class-action suits — two of them …
A U.S. senator has asked 20 of the world’s biggest automakers for information on how they secure their vehicles from cyber attacks, in light of reports by security experts who say they have identified ways to hack into cars. Edward …
A report from catastrophe modeling firm AIR Worldwide notes that Winter Storm Xaver hit the north of Scotland last night, Thursday the 5th of December, with wind gusts of more than 140 mph (225 km/h), recorded in the Scottish Highlands. …
The latest edition of Aon Benfield’s Impact Forecasting Global Catastrophe Recap report for November highlights the havoc caused by Super Typhoon Haiyan when it made landfall in the central Philippines as “one of the strongest tropical cyclones ever recorded.” The …
Willis Group Holdings announced that in response to a “stark warning from the UK government that cyber crime threat facing UK companies is increasing,” it is launching Cyber ATLAS, which it describes as a “complete security solution to help UK …
Insurance Australia Group Ltd., the nation’s biggest car and home insurer, is studying a bid for Wesfarmers Ltd.’s insurance unit, according to three people with knowledge of the matter. IAG is in talks with Perth-based Wesfarmers about an acquisition of …
Zurich Insurance Group AG’s German unit, which sells auto insurance with the country’s ADAC automobile club, plans to offer a wider range of policies after reducing coverage following a surprise write-off last year. “Our mid-term goal is to reduce dependency …
PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has issued its initial loss estimate for windstorm Christian, which affected Western and Northern Europe from 27 to 29 October, 2013. The storm is also known as St. Jude …
