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Montpelier Re has launched the virtual Montpelier Risk Institute in partnership with the University of Western Ontario, the Institute of Catastrophic Research, and several private European research institutions.
Specialty insurer Assurant, Inc. says it will purchase U.K. mobile phone insurance insurer Lifestyle Services Group for $160 million, a move Moodys Investors Service says should help diversify Assurants sources of net operating income over time.
A California bill that allows out-of-state athletes to receive workers compensation benefits for injuries sustained on the states sports fields is advancing, inciting mixed responses from players in the insurance industry.
A California bill that allows out-of-state athletes to receive workers compensation benefits for injuries sustained on the states sports fields is advancing, inciting mixed responses from players in the insurance industry.
Congress is apparently determined to allow increases in flood insurance premiums imposed by a 2012 National Flood Insurance Program reauthorization law.
Congress is apparently determined to allow increases in flood insurance premiums imposed by a 2012 National Flood Insurance Program reauthorization law.
The U.S. government spent nearly $62 billion on disaster relief in the two-year period ending Sept. 30, 2012, to help Americans recover from severe storms, droughts, heat waves and wildfires.
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