Executive Summary: Insurers and reinsurers are responding to heightened risks of civil unrest with better calculations of their probable maximum losses, careful risk pricing, clear contractual wordings, and by using new modeling tools to help grasp this potentially costly risk. …
Threats to the UK from Russia and Iran and the danger posed by the Islamic State group have increased in recent months, according to the head of Britain’s domestic spy agency. Ken McCallum, the director-general of MI5, said the security …
Less than a month after Amazon announced employees would need to give up their flexible work arrangements and return to the office full-time, new research has reinforced the value of a flexible work culture. The 2024 Employee Benefits Review, by …
Intersys, the UK-based provider of cyber risk management solutions, announced its expansion in the UK insurance market with the opening of an office in Leadenhall Market in London. Intersys’ London office will serve as a hub for delivering cutting-edge cyber …
US dockworkers agreed to end a three-day strike that had paralyzed trade on the US East and Gulf coasts and threatened to become a factor in the presidential election. The International Longshoremen’s Association and the US Maritime Association extended their …
Southern Taiwan worked on Friday to clear up damage from flooding and high winds after Typhoon Krathon slammed into a major port city, while most of the rest of the island resumed work and financial markets re-opened. Krathon, now downgraded …
Antarctic sea ice at its annual peak this year covered the second-lowest area on record. It was just shy of last year’s record low, continuing what scientists fear is a trend caused by climate change. The ice covered 17.16 million …
Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size plastic turkey decoys made for hunters, colorful squirt guns. And Crocs …
Massachusetts Governor Maura Healey announced the appointment of Michael T. Caljouw as state’s new insurance commissioner. Caljouw comes to DOI with 33 years of experience in insurance law and policy in the state, including most recently as government affairs vice …
HENDERSONVILLE, N.C. (AP) — Hurricane Helene dumped trillions of gallons of water hundreds of miles inland, devastating communities nestled in mountains far from the threat of storm surge or sea level rise. But that distance can conceal a history of …