HSB News

Risk Managers Say Not Enough Being Done to Thwart Hacking Incidents

According to a new survey, 55 percent of risk managers are not confident their company is dedicating enough resources, in terms of dollars or personnel, to combat the evolution of hacking techniques. In a recent podcast interview with Claims Journal, …

Verisk Climate and HSB Offer New Technology to Assess Electrical Blackout Risk

Verisk Climate and The Hartford Steam Boiler Inspection and Insurance Company (HSB) introduced new technology and consulting services that help insurers and businesses predict the likelihood, severity and financial exposure of U.S. electrical blackouts, which cause more than $100 billion …

New Model Promises to Quantify Losses Triggered by Power Outages

Total economic losses due to power outages in the United States are estimated to be over $100 billion per year, according to Robin Luo, vice president and blackout model project manager at Hartford Steam Boiler. The main causes of electrical …

Hartford Steam Boiler Launches New Concept in Home Insurance

The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, announced a new concept in homeowners insurance, HSB HomeWorks, which combines breakdown coverage for home equipment systems, appliances and electronics with a suite of home energy management …