Insurance Roundup, July 11, 2017


Global Risk Insights

Claims Journal

  • 2016 Was Worst Year for Hail and Wind Losses in Texas

    on 2017-07-11 at 09:422016 wind and hail loss information released last week by the Texas Department of Insurance (TDI) show that homeowner losses from hail in Texas were the highest annual losses ever recorded, as they exceeded $5 billion. Combined wind damage and … […]

  • Fraud News: Accident Schemes on Both Coasts, Agent’s Workers’ Comp Scam

    on 2017-07-11 at 09:41California Body Shop Owner, 17 Others, Charged With Felony Insurance Fraud The owner of a San Jose, Calif., body shop, his wife, and sixteen others have been charged with an insurance fraud scam during which they staged 15 car accidents … […]

  • Minnesota Cracks Down on Speeding With Campaign

    on 2017-07-11 at 09:21Law enforcement from 300 Minnesota agencies have started a speeding enforcement campaign that runs through July 23. The state’s two-week crackdown coincides with a national effort and is paid for with funds from the National Highway Traffic Safety Administration. “The … […]

  • Video Shows Tennis Star Legally Entered Intersection Before Crash

    on 2017-07-11 at 09:15Tennis star Venus Williams legally entered a Florida intersection but was cut off by another car, setting off a chain of events that seconds later resulted in a fatal crash with a third car, police say video released Friday shows. … […]

  • Handwritten Opioid Scripts More Prone to Mistakes

    on 2017-07-11 at 08:50In a small study of opioid prescriptions filled at a Johns Hopkins Medicine outpatient pharmacy, researchers found that handwritten orders for the drugs contribute heavily to a trio of prescribing and processing errors in contrast to those created electronically. The … […]

Insurance Journal

Asia Insurance Review

  • India: Health insurance policies see low portability rate

    on 2017-07-11 at 19:09More than 100,000 health insurance policies were switched to private-sector insurers in the financial year ended March 2017 (FY2017), according to data collected by DNA Money. […]

  • Malaysia: Local market growth to be apace with global advance

    on 2017-07-11 at 19:09The Malaysian insurance market is expected to grow by an average of 5.8% annually over the next decade, in tandem with global growth which is anticipated to climb to almost 6% over the same period. […]

  • Asia: InsurTech Asia Association to be launched this month

    on 2017-07-11 at 19:09A dedicated InsurTech association for Asia will be launched soon as a milestone development in the regional insurance market to accelerate the digital transformation of the industry. […]

  • China: Global reinsurer offers mobile-enabled typhoon solution

    on 2017-07-11 at 19:09Swiss Re has partnered with Ping An Property & Casualty Insurance to launch China’s first mobile-enabled typhoon property parametric insurance solution. It gives customers — who may be individuals or enterprises — the ability to purchase insurance, make inquiries and complete the claims […]

  • Australia: Over 50 finalists eye 2017 Insurance Industry Awards

    on 2017-07-11 at 19:09More than 50 impressive nominees have been selected as finalists for the 2017 Australian Insurance Industry Awards, organised by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and founding partner, Asia Insurance Review. […]

Canadian Underwriter

Canadian Insurance Top Broker

Insurance Business Magazine – US


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