President Barack Obama signed into law a patent overhaul bill Friday that backers say will curb frivolous lawsuits and help the U.S. Patent and Trademark Office do the hiring needed to clear a huge backlog of applications. Obama said the …
More Americans than last year believe the world is warming and the change is likely influenced by the Republican presidential debates, a Reuters/Ipsos poll said Thursday. The percentage of Americans who believe the Earth has been warming rose to 83 …
“We need information that can only be gained directly from our clients,” said Hans-Joachim Guenther, Chief Underwriting officer of Endurance Specialty Holdings for Europe and the Asia-Pacific region. In an interview at the Reinsurance Rendezvous he gave some of the …
Generally speaking the reinsurance industry is in good shape, certainly better than it was in 2008 and 2009, when even mighty Swiss Re needed a bailout from Berkshire Hathaway. A combination of improved models and a greater understanding as to …
UK broker Miller announced that it has appointed Gavin Hamilton, previously at Bowring Marsh, to support the company’s continued drive for growth in its UK and European corporate client account base. He specializes in property insurance “and is highly skilled …
Aon Risk Solutions, the risk management business of Aon Corp., has issued its first in depth report analyzing the threat posed by pirates. It points out that with the end of the monsoon season pirate activity usually increases. It also …
A report from catastrophe modeling firm AIR Worldwide notes that “Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon about 4:00 pm local time (2:30 pm EDT) after …
State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims supervisor, has 30 years of experience as an all lines …
Sharon A. Poradzisz has been promoted to vice president of personal lines claims and Wade D. Rankin has been promoted to commercial claims manager at the Founders Insurance Co. of Des Plaines, Ill. Poradzisz has 16 years of insurance industry …
Metropolitan areas in Colorado and Oklahoma have the distinction of making up more than half the list of top 10 hail-prone areas in the U.S., according to a recently released study. The list, which was compiled by CDS Business Mapping, …
