Underground coal mines will ramp up testing for the dust that causes breathing problems and leads to black lung disease under a new federal rule that took effect February 1. The U.S. Mine Safety and Health Administration is requiring coal …
Electric utilities that spent billions of dollars hardening infrastructure after Superstorm Sandy hit New York and New Jersey in 2012 say those upgrades helped keep the lights on during the Jan. 22-24 blizzard. The wind whipped and the snow piled …
RMS has released its Cyber Accumulation Management System*, which includes a new software system and framework for cyber exposure reporting, in addition to a suite of cyber catastrophe scenarios for loss modeling. The RMS Cyber Accumulation Management System was developed …
A cyber attack on Britain’s TalkTalk Telecom Group in October cost the company as much as 80 million pounds ($115 million) but fewer customers than feared opted to end their subscriptions. Chief Executive Dido Harding went on television and radio …
Ryan Specialty Group, the Chicago-based global specialty insurance services business, has completed its acquisition of Hunter George & Partners Ltd., the London-based specialist managing general agent, focused on providing insurance solutions for mergers and acquisitions. The deal, which was previously …
AXIS Capital Holdings Ltd. reported net income available to common shareholders for the fourth quarter of 2015 of $135 million, or $1.39 per diluted common share, compared with net income of $164 million, or $1.60 per diluted common share, for …
Zurich Insurance Group AG is “prepared to shrink” some of its businesses after being caught off guard by the scale of claims it had to absorb last year, according to Cecilia Reyes, the company’s chief risk officer. “We were surprised, …
San Diego, CA, February 3, 2016 – Atlas General Insurance Services, LLC (“Atlas”) will launch its new GoPay workers’ compensation billing system for policies effective on and after March 1, 2016. “We are proud of our new and enhanced billing …
Victor O. Schinnerer & Company, an underwriting manager, has launched Schinnerer Flood – an online program offering primary insurance for commercial and residential properties through the National Flood Insurance Program (NFIP) as well as excess coverage through the private market. …
A former environmental consultant at a chemical distributor was sentenced to three years’ probation and fined $10,000 Monday for a 2014 chemical spill that fouled the drinking water supply of 300,000 West Virginians. Robert Reynolds was the first of six …
