June 2, 2023
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 …
January 27, 2023
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 …
April 30, 2014
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 …
April 21, 2014
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 …
April 8, 2014
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 …
January 30, 2014
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 …
October 10, 2013
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 …
July 1, 2013
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, …
August 6, 2012
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 …
July 25, 2012
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 …