Insurers are partnering with the United Nations and other public groups to help the poorest countries bounce back from natural disasters that may become a more regular occurrence. As part of the program, as much as $5 billion in insurance …
Insurer Chubb announced that Louis Hobson has joined the company as senior vice president of Flood Insurance for its North America operations. In this new role, Hobson will work in conjunction with Chubb’s personal and commercial lines of business, and …
Insurance broker Marsh is piloting a digital insurance placement platform that it says has the potential to let clients, carriers and its brokers share real time information and feedback on the placement and binding process. The platform, called Risk Exchange, …
Insurance broker Next Wave Insurance Services and industry veteran Aaron DiCaprio have collaborated to launch Rent Rescue, a rent default insurance product for real estate investors and property managers. Rent default insurance reimburses property owners for up to six months …
American aviation regulators misled Congress about a whistle-blower’s allegation that many inspectors performing safety assessments on the now-grounded Boeing Co. 737 Max airplane weren’t properly qualified to certify pilots or assess pilot training, a government watchdog agency has concluded. The …
Women are quicker to take cover or prepare to evacuate during an emergency, but often have trouble convincing the men in their life to do so, suggests a new University of Colorado Boulder study of how gender influences natural disaster …
The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the “insider threat” to aviation security. Despite security upgrades since the hijacking terror attacks of 2001, breaches including …
After being down, the U.S. directors and officers (D&O) liability insurance sector is looking up. Carriers are raising rates and restoring profitability, according to Fitch Ratings, after several years of flat premium growth and less favorable claims trends in a …
Tanika Outlaw was working as the food and beverage manager at the Doubletree Hotel in New Bern last September when Hurricane Florence began shoving feet of water into the city’s downtown area. Ultimately, the storm flooded at least 4,325 homes …
The Hanover Insurance Group, Inc. has expanded its business in Vermont to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base. According to The Hanover, the launch in Vermont …
