RMS, a global risk modeling and analytics firm, has estimated that the insured loss for the Camp and Woolsey wildfires in California will be between USD $9 and $13 billion ($7.5-$10 billion for Camp; $1.5...
After its stock plummeted over its possible role in California’s deadly wildfires, the state’s largest utility won back some investor confidence on Friday after its chief regulator offered a backstop...
Opioid makers and distributors are fighting a novel New York state law that aims to collect hundreds of millions of dollars from the industry to help defray costs of the opioid crisis, with some companies...
The federal program that provides flood insurance of last resort for storm-prone areas, including about 500,000 homes in Louisiana, is set to lapse Nov. 30. Because officials have yet to shore up its long...
Apple Watches and Fitbits are increasingly part of everyday life. People track daily steps, log health information, even use the devices to compete against friends and family. Now life insurers want in on...
Willis Towers Watson, a leading global advisory, broking and solutions company, announced today that, three years after the merger of Willis and Towers Watson, James McCann will complete his current term...
As wildfires burn relentlessly in both Northern and Southern California, disaster modeler CoreLogic predicts that 48,390 homes in the state could be at "high or extreme risk" of damage. That would bring...
Premium pricing across all sized accounts saw similar increases to Q3 2018, according to The Council of Insurance Agents & Brokers’ quarterly Commercial Property/Casualty Market Index Survey, with an...
The Allstate Corp. announced estimated catastrophe losses for the month of October 2018 of $202 million, pretax ($160 million, after-tax).
Catastrophe losses occurring in October comprised eight events...
