Wild weather has become more common with climate change, the experts say, and homeowners can prepare for natural disasters by making home inventories – detailed lists of household belongings and their approximate value. Making a home inventory can be easy; …
Fiat Chrysler Automobiles NV waited 18 months to tell federal safety regulators about a security flaw in radios being installed in more than a million vehicles that hackers exploited last month to seize control of a Jeep. The automaker says …
Most midsize businesses have business continuity plans but few have tested them, according to The Hartford’s survey of midsize business owners and C-level executives. This shortcoming presents potential risk for businesses, which may be unable to meet client needs due …
Munich Reinsurance America, Inc. announces a new personal lines inland flood insurance product designed to provide more options for homeowners in low-to-moderate-hazard flood zones. According to the National Flood Insurance Program (NFIP), flood is the most common natural disaster in …
W. R. Berkley Corporation’s Board of Directors announced that the Company’s founder and its current chairman and chief executive officer, William R. Berkley, will become executive chairman on October 31, 2015. At that time, W. Robert Berkley, Jr. will assume …
Police in four Roanoke Valley localities have proposed adopting a Canadian method of reporting car crashes that reduces police involvement. The Roanoke Times reports that if the governments of Roanoke, Salem, Roanoke County and Vinton approve the one-year test program, …
Verisk Insurance Solutions, a source of information about property/casualty insurance risk, launched the ISO ClaimSearch mobile application, now available on iTunes and Google Play. The new app will allow users to securely access the Claims Inquiry function on ISO ClaimSearch …
Theft and vandalism is the leading cause of non-collision auto claims in the summer, according to the latest Seasonal Smarts Digest from Farmers Insurance. Among Farmers Insurance customers during the two year period of 2013 and 2014, almost 30 percent …
Catastrophe modeling, advances in mitigation as well as building design changes are just a few of the areas impacted by Hurricane Katrina nearly 10 years ago, according to Rick Miller, U.S. property practice leader at Aon Risk Solutions. Miller spoke …
Travelers announced that Alan D. Schnitzer will succeed Jay S. Fishman as chief executive officer, effective December 1, 2015, and has been appointed to the company’s Board of Directors, effective the same date. Fishman said he will still play an …