News from RiskMatch, Allianz Global Corporate & Speciality SE, Majesco and more.
Month: March 2017
2 retired N.C. insurance agents convicted of fraud
It took seven years, but the N.C. Insurance Department finally convicted two retired insurance agents of fraud, in a case worth $11 million.
Employment trends throughout the insurance industry in January 2017
The insurance industry has reported employment growth in most of its segments for the month of January – a rare constant in an ever-changing market.
Lloyd’s of London chooses Brussels for post-Brexit EU hub
Lloyd’s of London, the insurance market founded in the British capital in 1688, plans to open a European Union hub in Brussels following the U.K. vote to leave the bloc.
Top 10 commercial auto carriers for 2016, as ranked by the NAIC
Direct written premiums for the commercial auto insurance market totaled $14.33 billion for 2016.
Terror risk from small domestic drones has U.S officials worried
The potential for terrorists to pack small consumer drones with explosives or to use them as weapons has become a ‘tangible reality’ in the U.S.
25 U.S. cities with the highest risk of home fires
Structure fires caused a total of $10.3 billion in damage in 2015 – with the majority of the losses sustained by residential properties ($7.2 billion).
Offering private flood insurance in California: Golden Bear’s experience
The federal flood insurance program is scheduled to expire on Sept. 30, 2017. Here is one company’s plan to offer private flood insurance as an alternative.
15 surprising consumer actions & beliefs related to homeowners’ insurance
While homeowners likely understand the basics of their insurance policy, you might be suprised by their inccorect, and potentially costly, assumptions about coverage.
The millennial claims writer: Training a new generation
Grammar, punctuation and word choice still matter in claims.