A U.S. Centers for Disease Control and Prevention warning to pregnant women in West Virginia has raised alarms because officials, relying on the agency’s guidance, had been assuring residents their tapwater was safe after a chemical spill prompted a do-not-use …
At least 34 people were killed in flooding and landslides in the southern Philippines in the past week, as the national weather service issued the lowest storm alert for several provinces on the southern island of Mindanao. More than 212,000 …
The Senate (72-26) yesterday joined the House of Representatives (359-67) in passing a $1.1 trillion compromise omnibus spending bill that contains a delay for an estimated one quarter of those facing flood insurance premium increases triggered by the Biggert-Waters Flood …
Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global temperatures causing climate change, the United Nations’ climate chief said on …
Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, announced that Daniel Brookman has been appointed Sr. Vice President, Head of Capital Markets, effective immediately. He will also serve as Chief Operating Officer for Montpelier’s …
Argo Pro, a member of Argo Group International Holdings, an international underwriter of specialty insurance and reinsurance products, has launched a new employment practices liability insurance hotline to support policyholders’ risk management efforts. In conjunction with Jackson Lewis, a national …
Specialist Lloyd’s insurer Marketform has strengthened its Marine team with the appointment of London market practitioner, Chris McKellow, who has joined the company as a senior underwriter for Marine Liability. CEO John O’Neill commented: “This appointment enhances the company’s marine …
PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, announced that its initial loss estimate for windstorm Xaver, which affected Western and Northern Europe on 5 and 6 December 2013, is €680 million [$925 million]. Windstorm Xaver is also …
Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected world. With a focus on analytics, Aon said …
To make continued improvements in the U.S. insurance regulatory system, it’s imperative for state and federal officials to work collaboratively and share information and perspectives, said former Deputy Treasury Secretary Neal S. Wolin, who delivered the keynote speech at the …
