Hurricanes, earthquakes estimated to cost industry $95B

FAN Editor

Swiss Re, one of the world’s biggest reinsurers, estimates that Hurricanes Harvey, Irma and Maria, plus two recent earthquakes in Mexico will cost the industry about $95 billion. The Zurich-based company, which as a reinsurer provides backup policies to companies that write primary insurance policies, says the claims process is […]

US: Laptops in checked bags pose fire, explosion risk

FAN Editor

The U.S. government is urging the world airline community to ban large, personal electronic devices like laptops from checked luggage because of the potential for a catastrophic fire. The Federal Aviation Administration said in a paper filed recently with a U.N. agency that its tests show that when a laptop’s […]