Global Risk Insights
- The Populist Coalition in Italy and its impact on European Politics
by Alexander Brotman on 2018-05-30 at 15:44The populist coalition of the Five Star Movement (M5S) and League is likely to rattle Italian and European politics with a new approach to governance, and risks fracturing relationships with the dominant powers on the continent – namely France and Germany. The post The Populist Coalition in Italy […]
- Will Brexit be the backdoor to a united Ireland?
by Winthrop Rodgers on 2018-05-29 at 14:31Amid doubts over whether Theresa May can deliver a Brexit deal that avoids a hard Irish border, Winthrop Rodgers assesses whether the result will be a renewed push for a united Ireland. The post Will Brexit be the backdoor to a united Ireland? appeared first on Global Risk Insights. […]
- Round Five for President Bouteflika?
by Emily Boulter on 2018-05-25 at 13:10Despite serious health problems, Algeria’s President Abdelaziz Bouteflika may stand for a fifth term in office, leaving many to question if the country’s political elite are bereft of a feasible transition plan. The post Round Five for President Bouteflika? appeared first on Global Risk […]
- Death of a salesman – China attacks private debt
by Kiana Mendoza on 2018-05-25 at 10:13As China’s transitions from prioritizing economic growth to maintaining economic stability, the government has begun levying steep penalties on high-debt private companies for “economic crimes.” Kiana Mendoza looks at several recent examples of these trials, and examines what this could mean […]
- Trump vs Kim: The art of the nuclear deal
by Kiana Mendoza on 2018-05-25 at 01:31The US and North Korea are likely to attempt diplomacy for a few months, but impossible expectations and intentionally vague promises could frustrate both sides. If this causes the deal to fall through, bilateral tensions could boil over once again. The post Trump vs Kim: The art of the nuclear […]
Claims Journal
- Study Says Hurricane Maria Far Deadlier Than Katrina
by Jonathan Levin on 2018-05-31 at 09:34Hurricane Maria probably killed about 5,000 people in Puerto Rico last year even though the official count remains at just 64, according to a Harvard University study released Tuesday. Such mortality would far outstrip the 1,833 who died in Hurricane […]
- Texas School Shooting Victim’s Family Sues Attacker’s Parents
by JIM VERTUNO on 2018-05-31 at 09:24The family of one of the students killed in a Texas high school shooting filed a lawsuit against the alleged gunman’s parents, claiming the shooter’s father didn’t properly secure the weapons and were negligent in entrusting him with firearms. Authorities […]
- As Hurricane Season Begins Critics Ask if FEMA is Ready
by Christopher Flavelle on 2018-05-31 at 08:40With just a week to go before hurricane season, top jobs at the U.S. Federal Emergency Management Agency remain vacant and critics say that will make it harder for the government to respond to disasters. FEMA lacks a second-in-command and […]
- Michigan Fire Officials Say They Lack Resources for Safety Inspections
on 2018-05-31 at 08:32The Michigan fire marshal’s office hasn’t performed annual safety inspections of churches, theaters, restaurants or other places of public assemblage as required by state law, according to a newspaper investigation. The Legislature has never funded the requirement, the Lansing State […]
- BNSF on Track for Positive Train Control Installation
on 2018-05-31 at 08:16BNSF Railway is one of the first railroads to fully implement new safety technology that will be required by federal regulators by the end of the year, a company spokeswoman said. The new technology, known as positive train control, is […]
- From Rocks to Detection Systems, Schools Consider Protection Options
on 2018-05-31 at 08:06In the wake of several mass shootings this year in U.S. schools, lawmakers have adopted “red flag” gun bills allowing officials to remove firearms from people considered a danger to themselves or others. School districts across the country are also […]
- WCRI: Little Change in Average Total Workers’ Comp Claim Cost Since 2013 Indiana Reform
on 2018-05-30 at 09:26The average total cost per workers’ compensation claim in Indiana was stable in the years since the state enacted workers’ compensation system reforms, according to a recent Workers Compensation Research Institute (WCRI) study. The study, CompScope Benchmarks for Indiana, 18th […]
Insurance Journal
- Former Chairman of China’s Anbang Insurance Files Rare Appeal of Fraud Conviction
on 2018-05-31 at 10:52The former chairman of China’s Anbang Insurance Group Co., Wu Xiaohui, has lodged an appeal against his conviction for fraud and embezzlement that led to a sentence of 18 years in prison, his lawyers said. While not unknown, it is […]
- ABC Sued by Michael Jackson’s Estate for Music Copyright Infringement
on 2018-05-31 at 10:46Michael Jackson’s estate sued ABC on Wednesday, arguing that a special the network aired last week about the pop singer’s final days used his songs and music videos without permission. The copyright infringement lawsuit, which also names ABC’s corporate parent […]
- Karen Clark & Co. Estimates Insured Losses from Alberto to Near $50M
on 2018-05-31 at 05:31Insured losses from Subtropical Storm Alberto, the first named storm of the 2018 hurricane season, will be close to $50 million, according to Karen Clark & Co. KCC’s High Resolution U.S. Hurricane Model estimated the insured losses to residential, commercial, […]
- 2 Workers Hurt in Explosion at Kentucky UPS Facility
by Eric M. Johnson on 2018-05-31 at 05:22Two United Parcel Service Inc employees were injured in an explosion on Wednesday that caused significant damage to one of the package delivery company’s freight facilities in Lexington, Kentucky, a UPS spokesman said. UPS said a gas leak from propane […]
- Rampant Brazil Cargo Theft Disrupts Retail, Drives Up Insurance Rates
by Gram Slattery on 2018-05-31 at 05:00In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors. During his 34 years in Sao Paulo […]
- Cigarette Ignites Large Fire at Florida Condo Complex, 10 Units Destroyed
on 2018-05-31 at 04:39A large fire at a Florida condominium complex has destroyed at least 10 units. The Martin County sheriff’s office says a section of the Cedar Pointe Villages complex in Stuart was engulfed by flames on Monday night. Firefighters contained the […]
- South Carolina Passes First Insurance Industry Cybersecurity Law
by Amy O’Connor on 2018-05-31 at 04:00South Carolina has become the first state to pass a cybersecurity bill requiring any insurance entity operating in the state to establish and implement a cybersecurity program protecting their business and their customers from a data breach. And while the […]
Asia Insurance Review
- Philippines: Lawmakers propose insurance law revision to include terrorism cover
on 2018-05-31 at 19:03The leadership of the House of Representatives is proposing to amend the country’s Insurance Code to cover loss due to terrorist and rebellion attacks. […]
- India: Motor insurers hit by changes to motor compensation
on 2018-05-31 at 19:03The Indian general insurance industry is staring at a loss of between INR100 billion ($1.48 billion) and INR250 billion in the next few years, after the government increased compensation for third party deaths tenfold to INR500,000. […]
- China: Anbang’s ex-boss in dramatic appeal against fraud verdict
on 2018-05-31 at 19:03The former chairman of the beleaguered Anbang Insurance group, Wu Xiaohui, has rejected his conviction for fundraising fraud and embezzlement, forcing a court to review his case. This is the second dramatic twist in judicial proceedings involving the former high flyer. […]
- New Zealand: ANZ Bank sells life insurance operations
on 2018-05-31 at 19:03ANZ Bank New Zealand yesterday announced it has agreed to sell OnePath Life NZ for NZ$700 million ($488 million) to Cigna Corporation, a specialist insurance business. The transaction represents a slight premium to embedded value. […]
- Singapore: Qiren opens another next generation insurance agency office
on 2018-05-31 at 19:03Qiren Organisation, an authorised representative of AIA Singapore, has officially opened its second “next generation agency office” that includes, among other things, a library, an indoor playground, a café and a lounge for customers’ complimentary use. […]
Canadian Underwriter
- Are you ensuring your client’s trip doesn’t leave a bad taste?
by Baxter Hall on 2018-05-30 at 22:53Part of travelling is trying everything! New food, new experiences. But when those experiences result in the unexpected, that’s when travel insurance becomes a universal need. Here are two reasons why you should recommend travel insurance to your customers: Should… The post <span […]
- How AI can help you find the hot sales leads
by Jason Contant on 2018-05-30 at 22:48Looking for a hot lead? Why not let a machine do that for you? Brokers and insurance companies can use artificial intelligence (AI) to cull prospects who are showing a keen interest in buying insurance products, Andrew Lo, president and… The post How AI can help you find the hot sales leads […]
- Bank of Canada keeps key interest rate target on hold at 1.25 per cent
by Canadian Underwriter on 2018-05-30 at 21:32OTTAWA – The Bank of Canada kept its key interest rate target on hold Wednesday, but noted the Canadian economy was a little stronger than expected in the first quarter, raising expectations that rate hikes are coming later this year… The post Bank of Canada keeps key interest rate […]
- Devious ways your clients are trying to get better auto rates
by Greg Meckbach on 2018-05-30 at 21:26Territorial ratings have prompted some Ontario motorists to lie about where they live on their applications in order to get a lower auto insurance rate, so brokers need to caution clients on the importance of telling the truth, a local… The post Devious ways your clients are trying to get […]
- Bomb threats highlight liability risk of office towers with lax security
by Greg Meckbach on 2018-05-30 at 20:03In the wake of a threatened bombing in Stratford, Ont., and a restaurant bombing near Toronto, landlords of office towers may want to review their security systems to reduce their risk of liability. In general, owners of multi-tenant buildings have… The post Bomb threats highlight liability […]
Canadian Insurance Top Broker
- McLean Hallmark names new assistant vice-president of Insignia
by gregdalgetty on 2018-05-30 at 20:41Catherine Neville will lead the brokerage’s private client division […]
- Tesla in Autopilot mode crashes into California police car
by gregdalgetty on 2018-05-30 at 18:32Car manufacturer’s semi-autonomous mode has come under scrutiny after recent crashes […]
- Chubb to roll out personal cyber coverage in Canada
by gregdalgetty on 2018-05-30 at 16:36Masterpiece Cyber Protection will be offered as a supplement to Masterpiece Homeowners policy […]
- ARAG appoints Eastern Canada sales manager
by gregdalgetty on 2018-05-30 at 15:05Nancy Babeu brings close to 20 years of industry experience to the ro […]
- Bank breaches highlight rise of cyber threats as new exploitation strategies emerge
by gregdalgetty on 2018-05-29 at 20:15Data from up to 90,000 clients may have been stolen in attack on BMO, Sim […]
InsureZero
- A Balanced Life: How Boomers Can Have Fun While Living Frugally
by Dana Stone on 2018-05-29 at 19:56It’s interesting that many Baby Boomers have adopted a frugal lifestyle given that they grew up in an era of prosperity and affluence. It’s always wise to maintain an element of frugality, but it’s also important to find ways to enjoy your life, especially if you have the […]
- 5 Types of Insurance You Should Think about as a Business Owner
by NinaSMedia on 2018-05-25 at 07:11Every ambitious person enters the business world with high hopes of everything turning all right, however, putting your livelihood on the line because of your optimism is a poor business practice. Of course, you can significantly cut costs on your business by not getting an insurance, yet, this […]
InsuranceCanvas 