The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of Mexico, a team of scientists recently found after a six-year study of the impact of the largest oil spill in …
U.S. Senators Bill Cassidy (R-La.) and Kristen Gillibrand (D-N.Y.) have released draft legislation to reauthorize the National Flood Insurance Program (NFIP) for 10 years. The NFIP is currently set to expire on Sept. 30, 2017. The legislation, the Flood Insurance …
If Peter Duncanson is on the scene, it’s probably not pretty. It could be a CSI-like crime scene with spattered blood and skin fragments on the sofa and wall. Or a trauma scene where an injured employee or animal traipsed …
In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still expecting bigger brokerage commissions has “gone beyond reasonable,” Chubb CEO and President …
Monumental views on insurance and risk in the nation’s capital? Surely we jest. Well, we will take an occasional dip into the Potomac waters to poke fun, but overall we hope this reporting on insurance and risk as seen from …
Having surgery always comes with risks. But a new study suggests a new one to add to the usual list: the risk of becoming a long-term opioid user. About six percent of people who hadn’t been taking opioids before their …
Michael Johnston, the great, great grandson of the founder of one of the first Baptist churches in Texas, grew up being constantly warned about sin, including the evils of television and dancing. Thus it is a bit strange even to …
BetterView, an insurance technology startup that captures and analyzes data from drones, said it has performed more than 6,000 roof top inspections for insurers since its inception two years ago. San Francisco, California based BetterView has software that streamlines the …
A new report published by ProPublica accuses the auto insurance industry of pricing discrimination against minorities. The report, titled Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas with the Same Risk, claims insurers overcharge drivers in minority zip …
Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year, and these claimants are now giving insurers their highest ever satisfaction ratings. The J.D. Power 2017 U.S. …
