"Unknown" accumulations, on the other hand, have been more difficult to grasp. When employees across an insurance portfolio gather for conventions, additional catastrophic risk exposures begin to
When lawmakers passed a bill reinstating Florida's motor vehicle no-fault law last year, it was one of the hollowest outcomes handed to carriers in recent memory, only to be eclipsed by the changes
Compared to companies with annual revenues of more than $1 billion, smaller companies experienced at least a 50 percent higher frequency of foreign losses during 2007 for liability lawsuits, theft of
Victor O Schinnerer and Co. Inc. announced an international insurance program designed to protect the employees of U.S.-based businesses who travel internationally. This program features an international package of coverages that can include
Small to midsize companies are more likely to experience a loss to corporate assets outside the U.S. or Canada, according to Chubb's 2008 Multinational Risk Survey. Compared with companies with annual revenues of more than $1 billion,
Peter Dailey, director of atmospheric science at AIR Worldwide Corporation, said that every year since 1995, the Atlantic Ocean has been warmer than average, and that trend will likely continue for at
Florida's property insurance market has reached a critical juncture. For the past two years, state legislators have been struggling to balance constituent demand for affordable insurance coverage
In 2006, Insurance Commissioner Kevin McCarty requested that the legislature adopt a law that would allow a company to utilize foreign travel as part of its underwriting criteria if the policyholder