For a financial sector posting a double-digit rise in earnings and boasting large cash piles, reinsurers sure see a lot of storm clouds on the horizon. That’s because they are facing what many see as an unprecedented problem: an abundance …
Mexico issued a hurricane warning for parts of Baja California as Odile struck the resort area of Cabo San Lucas on the southern tip of the peninsula. Mexico declared a red alert along the coastline as well as the mainland …
At a recent “Hacker Lab” event, “white hat” hackers revealed how cybercriminals work — and what businesses can do to protect themselves. The multimedia presentation used a simulated small business system to demonstrate how hackers choose their targets, how they …
Following up on issues that were raised at the July 30 hearing on post-Sandy flood insurance claims, U.S. Sen. Robert Menendez (D-N.J.) sent a letter on Wednesday, Sept. 10, to Federal Emergency Management Agency’s (FEMA) Administrator Craig Fugate, urging him …
Rick Hudson was sitting at his booth at the California Workers’ Compensation & Risk Conference on Thursday scanning emails on his smartphone during a slow period when he was asked what the most significant change to his job has been …
A draft document on costs of fire alarm and sprinkler systems in Massachusetts could lead to a rollback in requirements in some multi-unit residential buildings, a group of concerned fire officials said on Sept. 9. About 40 fire officials attended …
Leavitt Great West Insurance Services has hired Gwen Schiff to coordinate the stop loss procurement, placement, and claims oversight for partially self-funded clients. Schiff has 30 years in the insurance industry with an emphasis on health benefits and self-funded plans. …
Insurance brokerage and risk management firm Integro Insurance Brokers announced the bolstering of its middle market presence with the addition of two experienced brokers: Anne Webb, a managing principal, and Keren von Schmidt, a principal. Both will be based in …
XL Group’s Complex Accounts unit, Munich Re’s Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver a performance insurance policy for a portfolio of fuel cell servers installed across the U.S. The insurance cover …
New Jersey state authorities say a northern New Jersey man fabricated a story about being carjacked so he could get about $38,500 from his insurer. New Jersey’s Acting Attorney General John Hoffman announced Wednesday that 42-year-old Maurice Douglas, of East …
