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In response to market discussions and recent hurricane activity in the Gulf of Mexico, Property Claim Services (PCS), a Verisk Analytics business, is exploring adding coverage of elemental loss events to its PCS Global Marine & Energy service. PCS launched the Marine & Energy service in 2017, to provide the insurance and reinsurance industry with…
Read MoreToday’s mortgage and refinance rates Average mortgage rates rose quite sharply last Friday, a possibility of which we warned that morning. Good employment data were behind the rise. Conventional loans […] Original Article Posted at : https://themortgagereports.com/69465/mortgage-and-refinance-rates-today-september-8-2020
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My Danskos literally disintegrated last month. I was in the hospital team room, finishing up my patient notes at the end of a busy hospitalist shift. I happened to look down at the floor, and there they were: black chunks on the carpet. I thought, “Who left such a huge mess under the desk?” I…
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Rating agency Moody’s Investor Service has changed its outlook on the global reinsurance sector to negative, saying that despite rising prices “2020 is shaping up to be another disappointing year.” Moody’s warns that as coronavirus and other catastrophe loss events have already depleted the annual catastrophe loss budgets of many reinsurers, the chances of a…
Read MoreA surging number of American drivers believe they’ve been victimized by skimming when they swipe their credit card at the gas pump. It's not the usual blah, blah, blah. Click here to sign up for our free newsletter. A CompareCards survey found that 31% of drivers who recently bought gas believe they have been a…
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Minnesota evenings are getting cooler even though it’s technically still some summer, but that makes it the best time for several home improvement projects.
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For the insurance-linked securities (ILS) market, just as much as for insurance and reinsurance underwriters, the clarity of terms and what is actually covered under contracts is “super-important”, Swiss Re’s CEO of Reinsurance Moses Ojeisekhoba said this morning. During the reinsurance firms virtual media briefing today, held due to the cancellation of the Monte Carlo…
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Global action to combat climate change is essential to avoid the exposure becoming systemic in nature, which might cause it to become less insurable, according to Munich Re’s CEO of Reinsurance, Torsten Jeworrek. Speaking during a media briefing held as a virtual replacement for the Monte Carlo Rendez-Vous event, which was cancelled for 2020 due…
Read MoreMost of us rarely think about our homeowners insurance. It’s easy to put a policy in place and then forget about it. But a home is likely the most valuable thing we will ever own, and it’s filled with costly possessions. Insurance covers the value of the building — including upgrades — and the worth…
Read MoreThis story originally appeared on Flexjobs. When you think about your future career, what comes to mind? If you’re like many people, you might envision a steady stream of jobs in one industry, each one bringing you to the next level of success. That type of career, however, isn’t as common as it once was.…
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