K&K Insurance Group, Inc., a subsidiary of Aon plc, has lowered its rates for student accident coverage designed for private non-boarding K-12 schools. K&K’s private school student accident program provides coverage for all students participating in activities under the supervision …
Citing uncertainty following the Boston Marathon bombing almost two years ago, risk managers are urging the federal government to set a deadline for certifying if an event is an act of terrorism and also use insurers’ figures for estimating losses …
Colorado lawmakers started work this week on one of the most anticipated issues of the legislative session: liability for homebuilders. But whether the bills are a way to spark the construction of more affordable housing, or a handout to developers, …
Californians won’t be able to water their lawns more than twice a week under tougher drought regulations that were expected to be approved this week as the state heads into a fourth particularly dry year. The State Water Resources Control …
One of the most powerful women in venture capital and a well-respected tech investor says she never saw or experienced gender discrimination at the California firm at the center of a $16 million gender bias lawsuit. Mary Meeker is one …
Mountlake Terrace, Wash.-based Premera Blue Cross, which sells health insurance in the northwestern U.S., said information on 11 million people may have been exposed in a cyberattack uncovered six weeks ago. Hackers may have accessed information including names, Social Security …
For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new financial engineering encourages wasteful courtroom warfare, but investor demand for …
International aid agencies ramped up appeals for cyclone-hit Vanuatu on Wednesday, warning that the powerful storm that affected more than two-thirds of the South Pacific island nation had wiped out crops and destroyed fishing fleets, raising the risk of hunger …
Canada’s transportation watchdog said that recent fiery derailments of trains hauling crude oil mean a new generation of stronger tanker wagons should be introduced ahead of schedule. The Transportation Safety Board (TSB) is probing two accidents within the last month …
Impact Forecasting, Aon Benfield’s catastrophe model development team, is applying a new blast engineering approach to provide a more realistic understanding of the potential range of losses from a terrorist attack. The announcement explained that Impact Forecasting’s terrorism risk experts …
