'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
Chubb exposure to Baltimore bridge loss not ‘outsized': Greenberg
There is a high likelihood the property claim will be subrogated....
There is a high likelihood the property claim will be subrogated....
Article / 7 hours ago
Dubai floods put $8bn of aircraft at risk
Aircraft with a value of $8bn on the ground at Dubai’s airport were at risk of damage during unprecedented rainstorms last week...
Aircraft with a value of $8bn on the ground at Dubai’s airport were at risk of damage during unprecedented rainstorms last week...
Article / 2 days ago
Japan Noto Peninsula earthquake claims rise 22% in JPY, to US $492m: GIAJ
According to the latest data release from the General Insurance Association of Japan, insurance claims paid for the January 1st M7.5 earthquake...
According to the latest data release from the General Insurance Association of Japan, insurance claims paid for the January 1st M7.5 earthquake...
Article / 2 days ago
Baltimore bridge collapse a wake-up call for good data use - Insurance Business US
"These kinds of 'black swan' events are not actually as rare as the industry would like"...
"These kinds of 'black swan' events are not actually as rare as the industry would like"...
Article / 2 days ago
More UK claims handlers ‘increasingly frustrated' by delays and communication
'Handlers are becoming increasingly frustrated by challenges around delays and customer communication,' says chief executive...
'Handlers are becoming increasingly frustrated by challenges around delays and customer communication,' says chief executive...
Article / 2 days ago
PERILS lifts Windstorm Babet and Aline industry loss to €691m
The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to be €691 million by catastrophe data aggregator PERILS AG, with a slight increase...
The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to be €691 million by catastrophe data aggregator PERILS AG, with a slight increase...
Article / 3 days ago
‘Significant' business interruption claims possible after Bondi stabbings - insuranceNEWS.com.au
Retailers at Sydney's Bondi Junction Westfield will likely be covered for business interruption after the mall closed for most of...
Retailers at Sydney's Bondi Junction Westfield will likely be covered for business interruption after the mall closed for most of...
insurancenews.com.au /
Article / 3 days ago
RSA and CNA settle with Excel in BI case – reports
Insurers RSA and CNA have reportedly settled with the owner of exhibition space ExCel London following their 2023 loss in a business interruption (BI) test...
Insurers RSA and CNA have reportedly settled with the owner of exhibition space ExCel London following their 2023 loss in a business interruption (BI) test...
Article / 3 days ago
AIG Defeats Bad Faith Claim At Trial Over Irma Damage - Law360
A Florida jury returned a verdict Friday in favor of AIG after finding that the insurer did not act in bad faith in handling a claim for damage from Hurricane Irma to a $95 million oceanfront mansion near Miami.
A Florida jury returned a verdict Friday in favor of AIG after finding that the insurer did not act in bad faith in handling a claim for damage from Hurricane Irma to a $95 million oceanfront mansion near Miami.
law360.com /
Article / 3 days ago
Threat of Bad Faith Does Not Constitute a “Claim” Under Insurance Company’s Professional Liability Policy | Wiley Rein LLP
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
Article / 6 days ago
