After a relatively slow start to the 2018 season, three hurricanes are now churning in the Atlantic on potential tracks toward the U.S. east coast and the Caribbean. Ahead of Hurricane Florence’s projected landfall in North Carolina or South Carolina …
Tuesday, Sep 11, 2018, 5:47 am— Florence continued to roll toward the U.S. East Coast, poised to become the strongest hurricane in almost 30 years to hit the Carolinas as more than 1 million people began fleeing a coastline that …
The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report. These three hurricanes during a two-month period in 2017 now serve as …
If you sit in an Uber car for too long, the ride-hailing company plans to check up on you to make sure all is OK. That’s one of several new features Uber Technologies Inc. unveiled on Wednesday meant to make …
CBS Corp. CEO Leslie Moonves resigned from the company, the company said on Sunday, amid fresh allegations of sexual assault and harassment. CBS also announced a deal to end litigation against controlling shareholder Shari Redstone and National Amusements Inc. for …
The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors Service. “Commercial insurers held up well …
Updated Monday, Sept 10, 8:17 am —Top winds for Hurricane Florence grew to 105 miles (169 kilometers) per hour as it pushed westward toward the U.S. East Coast, a major threat to homes, agriculture and the waning tourist season. The …
Do you love your agency? Is it a Best Place to Work For? If so, don’t forget to nominate your agency to be named as one of Insurance Journal’s Best Agencies to Work For in 2018. The extended deadline is …
It took just 78 days for a deal involving billionaire J. Christopher Flowers to blow up. Confie Seguros Holding II Co., an owner of auto-insurance brokerages that cater to Hispanic drivers with spotty credit, paid $100 million for another brokerage …
The U.S. government on Thursday charged and sanctioned a North Korean man in the 2017 global WannaCry ransomware cyberattack and the 2014 cyber assault on Sony Corp , U.S. officials said. The charges, part of a strategy by the U.S. …
