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A new report from Zurich-based reinsurance giant Swiss Re finds that total economic losses from disaster events during the first six months of 2016 rose 38% to $71 billion, as compared with the same period in 2015. The damage cost insurers $31 billion, a 51% increase from last year.

According to the recently conducted Insurance Digital Transformation Survey, independent insurance agents understand that digital technologies are vital to growing their businesses, but theyre not moving quickly to adopt the technology.

National Underwriter spoke with Sean Kevelighan as he transitions from global head of public affairs for Zurich Insurance Group to serving as the new president and CEO of the New York City-based Insurance Information Institute (I.I.I.). Read the interview in full at www.PropertyCasualty360.com.

New technology is making it harder for fraudsters to fake claims

Processes capture key details and identify fraudulent claims sooner

Benefits Advisory Group, which offers employee benefit services to midsize employers throughout Georgia, was founded in 2003.

The storm is forecast to hit northwest Florida, a region of the state with lower insured property value.

The blast left a plume of thick black smoke and rattled windows in buildings miles away from the launch pad.