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Monday, January 28, 2013

Munich Re: World Crop Insurance Costs Top Record on Drought

Munich Re and crop lossesGlobal crop insurance claims were the highest ever last year after drought cut yields in the U.S., historically the biggest grower of corn and soybeans.

Claims worldwide were ...

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NYC Health Commissioner Defends Decision Not to Evacuate Hospitals before Sandy Hit

Hospital evacuationNew York City's health commissioner ardently defended the city's decision not to evacuate hospitals and nursing homes before Hurricane Sandy, facing down withering questions Thursday from City Council members who contended that some old people may have died as a result.

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J.D. Power: Drivers Happier with Overall Auto Insurance Claims Process

J.D. Power and driver claims satisfactionAs repairable and total loss claims are being paid faster, overall claimant satisfaction with the auto insurance claims process increases in the fourth quarter of 2012, compared with the fourth quarter of 2011, according to the J.D. Power and Associates 2013 U.S. Auto Claims Sat...

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FEATURE: New SMA Research Highlights Priorities for Insurer-Agency Connectivity for 2013

SMANever before has the linkage between insurers and their distribution partners (channels) been so critical to profit and growth. Strategy Meets Action (SMA) conducted a major survey to explore IT investment priorities, business drivers, and barriers in distribution management. The study investigated the current state and direction...

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CEO: Zurich Insurance Dividend Policy Unchanged

Zurich dividendsZurich Insurance Group AG's dividend policy remains unchanged despite an estimated $700 million in damage claims stemming from Hurricane Sandy in the U.S, the insurer's chief executive was quoted as saying Sunday.

...
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