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News Center

Property Casualty 360

What if Hurricane Andrew happened today?
A new report from Swiss Re postulates what the insured losses would be if a storm like 1992’s Hurricane Andrew were to barrel through South Florida in 2017.

POSTED AUGUST 18, 2017 1:30 AM
How to build a solid reputation as a go-to insurance person
As an agent, your task is to demonstrate to the client that you are involved.

Delta jets hit 2 planes, truck over 24 hours at New York's JFK
Delta Air Lines planes were involved in three wingtip collisions in separate low-speed accidents over two days at New York’s John F. Kennedy airport, leaving one man injured.

POSTED AUGUST 17, 2017 5:12 PM
Global catastrophes cost $44 billion in losses during first half of 2017
Globally, around 4,400 people lost their lives or went missing in disaster events.

POSTED AUGUST 17, 2017 2:25 PM
Here's how many major storms could usher in Atlantic hurricane season this month
Not one, but three potential storms threaten to usher in the busiest phase of the Atlantic hurricane season later this month, courtesy of warm ocean temperatures.

POSTED AUGUST 17, 2017 2:00 PM
Trump rolls back Obama executive order regarding flood risk
Tuesday’s order revokes a previous one that Obama signed in January 2015, requiring federal agencies to account for future flood risk when spending money on infrastructure projects.

POSTED AUGUST 17, 2017 12:06 PM
The telematics advantage: driving data on the spot
What if an insurance company could reduce both the frequency and severity of auto accident claims?

POSTED AUGUST 17, 2017 7:30 AM
Brandon Kay: Claims Luminary of the Year
Striving for excellence requires perseverance and dedication.

POSTED AUGUST 17, 2017 7:00 AM
Measuring microinsurance success
Through novel technologies and partnerships, microinsurance has made plenty of news in recent years addressing risk management needs of the disadvantaged and impoverished.

POSTED AUGUST 17, 2017 6:30 AM
The importance of a smart meeting or call agenda
Careful thought and preparation in advance of a client or prospect meeting is key.

POSTED AUGUST 17, 2017 6:00 AM

News – Insurance Journal

UK-EU Post-Brexit Trade Deal ‘Desirable but Not Essential’: Report
A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a bad deal. Britain …

POSTED AUGUST 18, 2017 6:36 AM
5 Suspected Terrorists Shot Dead by Police After Barcelona’s Deadly Attack
Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of Barcelona, hours after 13 people died when a van rampaged down the city’s iconic Las Ramblas avenue. One Catalan police …

POSTED AUGUST 18, 2017 5:30 AM
5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It
Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the situation. “We have a …

POSTED AUGUST 18, 2017 5:00 AM
GOP Facing Resistance to State Bills Shielding Drivers Who Hit Protester
Republican lawmakers in six states have pushed this year for legal protections for motorists who hit protesters blocking traffic. Fairly or not, they’re facing an intense backlash now that violent images of a car ramming into a crowd protesting a …

POSTED AUGUST 18, 2017 5:00 AM
Lawsuit Claims U.S. Delinquent in Enforcing Rear Passenger Seat Belt Law
A new lawsuit accuses the U.S. government of being too slow to implement rules requiring that rear seat vehicle passengers be warned when they fail to buckle their seat belts. In a complaint filed on Wednesday, two nonprofits said the …

POSTED AUGUST 18, 2017 5:00 AM
Drug Company Deflects Blame in Lawsuit Over West Virginia Opioid Crisis
A West Virginia city’s lawsuit against a drug company has led to a dispute over which is at fault in the opioid epidemic. The Charleston Gazette-Mail reported last week that one of the nation’s largest drug wholesalers is attempting to …

POSTED AUGUST 18, 2017 4:31 AM
Florida Official Pushes Back On Reports of Highway Patrol Ticket Quotas
The head of the Florida agency that oversees state’s highway patrol insists troopers don’t have ticket quotas. Terry Rhodes on Tuesday told Gov. Rick Scott and members of the state Cabinet that her agency is reminding all supervisors that quotas …

POSTED AUGUST 18, 2017 4:21 AM
Private Equity Owner Weighs Selling Partial Stake in Insurance Broker HUB International: Reuters
Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North American insurance brokerages at between $6 billion and $7 billion, including debt, people familiar …

POSTED AUGUST 18, 2017 2:03 AM
Middle Market Growth Spells Opportunity for California’s Insurance Community
The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report released this week from American Express and Dun & …

POSTED AUGUST 17, 2017 9:56 PM
Report: Written Premiums for California Comp Insurers to be Flat Through 2017
Written premiums from workers’ compensation insurers in California for the year are expected to be flat at $18.1 billion compared with 2016 thanks largely to rate decreases, according to analysts with the Workers’ Compensation Insurance Rating Bureau. Premiums doubled from …

POSTED AUGUST 17, 2017 7:44 PM

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