Insurance Services Office said it has acquired environmental and scientific research, and predictive modeling firm Atmospheric and Environmental Research, Inc. (AER), expanding ISO's reach in the ener
Insurance Services Office said it has acquired environmental and scientific research, and predictive modeling firm Atmospheric and Environmental Research, Inc. (AER), expanding ISO's reach in the ener
Claims News Service, Nov. 21, 8:53 a.m. EST -- The total insured losses from the Freeway Complex, Sayre and Tea Fires in Southern California will likely reach figures between $600 and $800 million,
NEW YORK--An executive with an American International Group subsidiary denied suggestions today that the company is holding onto business by engaging in aggressive price cutting that is prolonging the
"We disagree with Moody's approach to capital modeling for mortgage-related losses, particularly its 'stress on stress' methodology, Jay Brown, chief executive officer for the Armonk, N.Y-based compan
Uday Virkud, AIR Worldwide executive vice president, said Ike was "very unique" because it re-gathered strength and did more damage when it joined with another dangerous weather system after being dow
Their stations, which recorded wind speeds at seven locations in the Houston/Galveston area during Ike, support the WindX and Paradex parametric indices, which allow reinsurers and insurers to transfe
Step one in developing a successful data management strategy begins with all members on the team understanding the value of clean data. Step two involves them doing their part to focus on the enterpri
Rising sea levels and changing weather patterns could mean a doubling of insurance losses for properties in coastal areas by 2030 unless high-risk areas adapt by implementing aggressive mitigation
MONTE CARLO, MONACO--Rising sea levels and changing weather patterns could mean insurance losses for high risk properties in coastal areas could double by 2030 unless protection measures are taken, a n