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Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said.
Unfavorable prior accident-year reserve development and $10 million in catastrophe losses forced Progressive Corp. income down 44 percent for the month of March.
FICO, a provider of analytics and decision management technology, launches a new solution aimed at improving the ROI for predictive models used in insurance. FICO Model Central Solution for Insurance enables insurers to reduce model deployment times by as much as 50 percent, while also providing the first indications that...
FICO, a provider of analytics and decision management technology, launches a new solution aimed at improving the ROI for predictive models used in insurance. FICO Model Central Solution for Insurance enables insurers to reduce model deployment times by as much as 50 percent, while also providing the first indications that...
The tornadoes that ripped through the Dallas-Ft. Worth area last week caused up to $500 million in insured losses, a group representing Texas and Oklahoma insurers said.
The tornadoes that ripped through the Dallas-Ft. Worth area last week caused up to $500 million in insured losses, a group representing Texas and Oklahoma insurers said.
As weather disasters strike with more frequency, U.S. homeowners first get hit with the destruction or total loss of property. Many are then hit with the unexpected loss of homeowners insurance policies as insurance companies re-evaluate their financial liabilities.
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