Loss Control

Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.

U.S data aggregator Property Claims Service (PCS) is putting insured losses from superstorm Sandy at $11 billion, which currently leaves catastrophe bond investors safe from losses - but experts say the figure is likely to rise.

While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.

While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.

The National Transportation Safety Board released its 2013 Most Wanted List, and one of the 10 issues the organization would like to see the transportation industry to focus on next year is to mandate motor vehicle collision avoidance technology.

The National Transportation Safety Board released its 2013 Most Wanted List, and one of the 10 issues the organization would like to see the transportation industry to focus on next year is to mandate motor vehicle collision avoidance technology.