Insurers may not be able to control the frequency of catastrophes, but they can certainly control their losses through better claims managementand ultimately, through better underwriting methodologies.
Representatives of an industry association voiced strong support for legislation that would provide additional incentives to states that adopt uniform and enforceable building codes.
Representatives of an industry association voiced strong support for legislation that would provide additional incentives to states that adopt uniform and enforceable building codes.
Second-quarter catastrophe-bond issuance increased in 2012 over 2011, and a recent analysis describes the current market outlook as very encouraging as strong investor demand and available capital point to increased issuance from sponsors going forward.
Second-quarter catastrophe-bond issuance increased in 2012 over 2011, and a recent analysis describes the current market outlook as very encouraging as strong investor demand and available capital point to increased issuance from sponsors going forward.
What is keeping commercial lines executives up at night? The new normal in extreme weather, fracking, opioid prescriptions and low interest rates top the list.
The risk of flooding for many English homes and businesses could increase fourfold by 2035 if more action to deal with the impact of climate change is not taken, government advisers said on Wednesday.
In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.
In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.
Rain finally helped cool the wildfires that burned in Colorado for nearly two weeks, but the threat of more fires throughout the United States persists as dry conditions have created plenty of fuel for wildfires, according to Lamont Norman, global product manager, Pitney Bowes Software.