reports News

Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022

A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from 108.1% in 2021 to 102.2% in 2022 – marking the industry’s best performance since 2017. However, the industry still has …

‘A Tale of Two Halves’ for 2022’s Insurance Mergers and Acquisitions

Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and acquisitions were announced in 2022 – down 8% from 2021. A significant rise in interest rates and economic uncertainty may …

High Net Worth Carrier PURE Enters California

Call it a little luck or good timing – maybe a bit of both– but an insurer focused on high net worth individuals has added California to the list of states in which it does business at a time when …

Bigger and More Frequent Wildfires Burning Western U.S.

Wildfires across the western United States have been getting bigger and more frequent over the last 30 years, according to a new study. The number of wildfires over 1,000 acres in size in the region stretching from Nebraska to California …

Another Auto Insurance Report for California

Another player has entered the ranks of organizations that deliver a report relating to auto insurance in California every year. The “2014 California Car Insurance Landscape Report” released on Tuesday is the first of many regular reports to come from …

Expect P/C Industry to Be Stable in 2014: Wells Fargo

Following a profitable year for the property/casualty insurance industry, the P/C market will be stable and competitive in 2014, according to a report issued Thursday. The Wells Fargo Insurance 2014 Insurance Market Outlook covers product segments including workers’ compensation, employment …

Report: $189B in Western U.S. Properties High Wildfire Potential

Despite a little touch of some wetter and cooler weather, the 2013 wildfire season isn’t over, and the Western states in particular should be prepared for a few more potentially active months. That’s according to the 2013 CoreLogic Wildfire Hazard …

Study: 290,000 Idaho Jobs to Be Available By 2020

Nearly 290,000 jobs will become available in Idaho by 2020, a new study says. Georgetown University’s Center for Education and the Workforce in a study finds the fastest-growing occupations will be health care support, health care professional and technical positions, …

Earnings Reports: Catlin Group, RSA

Selected earnings highlights in US dollars from the Bermuda-based Catlin Group for the first six months of 2012 are as follows: 1st Half 2012 1st Half 2011 Gross premiums written ———— $3.010 bn $2.683 bn Net premiums written ————— $2.258 …

Report: Calif. Head and Spine Injuries Cost $500M in 10 years

Head and spinal injuries cost California’s workers’ compensation insurers more than $500 million over 10 years, according to the California Workers’ Compensation Institute’s “Injury Score Card.” The report issued on Wednesday reflects data on California work injury claims for head …