Industry News

Best's Reviews

China’s Solvency Adequacy High-Risk Insurers Fall to Three From Five Companies in Third Quarter

Dec 15, 2017 China’s insurance sector reported three insurance companies were rated under the high-risk solvency adequacy ratio...

A.M. Best Affirms Credit Ratings of Beazley Insurance Designated Activity Company and Beazley Insurance Company, Inc.

Dec 15, 2017 A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...

A.M. Best Affirms Credit Ratings of Berkshire Hathaway Homestate Insurance Company and Its Affiliates

Dec 15, 2017 A.M. Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings...

Chubb Makes New Appointments in Asia Pacific

Dec 15, 2017 Chubb Ltd. has made two leadership appointments in Asia Pacific. John French, currently the country president for Australia and New Zealand, has been appointed to...

Insurance Journal

M4.0 Earthquake Confirmed in Oregon

Dec 15, 2017 An earthquake hit Oregon roughly 40 miles south of Portland near Molalla and was felt by numerous residents in the area, the U.S. Geological Survey confirmed. The USGS reported the magnitude 4.0...

Tougher Utility Rules Being Considered in Wake of California Wildfires

Dec 15, 2017 California utilities may face tougher safety rules for power lines, phone lines and utility poles in parts of the state most prone to wildfires. Under the...

Winds Kick up Fire Threat from California Wildfires

Dec 15, 2017 Dry, gusting winds are aggravating fire worries across much of central and western California, including those areas where infernos are still raging and places that were scorched...

Farmers Reports $1.2B in Claims from Northern California Wildfires

Dec 15, 2017 Farmers Insurance reported it has received more than 4,000 claims from the Northern California wildfires to date at an estimated gross cost of $1.2 billion. With...

Business Insurance

‘Fireside chat’ kicks off Women to Watch conference

Dec 15, 2017 Fellow employees should be part of a company’s zero-tolerance policy when it comes to harassment, and...

Uber Eats to offer couriers insurance in Europe

Dec 15, 2017 (Reuters) — Uber Technologies Inc.'s food-delivery business will begin offering an insurance package to its couriers...

Insurers to face increased risk of claims on covering high-rises with combustible cladding

Dec 15, 2017 U.K.-based law firm Clyde and Co. L.L.P. said that the use...

Property Casualty 360

People on the move in the P&C insurance industry: Dec. 15, 2017

Dec 15, 2017 News from Hanover Stone Partners, Aon, Brit Ltd and more.

7 tips for a more effective insurance claim

Dec 15, 2017 Involving the insurance broker in the claim can help policyholders better navigate the process.

6 behaviors that could spawn a sexual harassment lawsuit

Dec 15, 2017 Sexual harassment scandals loom large among the events that shaped 2017.

Houston federal judge denies churches' request for Hurricane Harvey relief funding

Dec 15, 2017 A U.S. District Judge has rejected an attempt by three religious organizations to receive FEMA disaster...

Claims Journal

Linking Your Thoughts With a Semicolon

Dec 15, 2017 People are always confusing the semicolon with the colon, but they are quite different. All of the comma rules, in one way or other, are separating a dependent clause from the rest of the...

NTSB Blames Cruise Ship’s Navigators for Dock Crash

Dec 15, 2017 A federal report blamed cruise ship’s navigators for the boat crashing into a Ketchikan dock last year in Alaska, causing more than $1 million dollars in damage. The National...

PolyMet Offers $544M as Insurance Against Possible Mine Cleanup Costs

Dec 15, 2017 PolyMet Mining Corp. is offering the state a $544 million package of financial assurances to serve as an insurance policy to protect taxpayers from potentially...

Drone’s Ease Piercing New York ‘No-Fly’ Zone Underscores Risks

Dec 15, 2017 A recreational drone operator whose device smashed into a U.S. Army helicopter in September flew undetected into a no-fly zone over New York set up to protect President...