Research and Trends News

P/C Insurers’ Reserves Redundancy to Continue: Moody’s

U.S. property/casualty insurers’ reserves will remain moderately redundant through the end of the year, Moody’s Investors Service has reported. “We expect moderately redundant reserves based on ongoing rate-firming, benign loss costs and enhanced underwriting standards,” said Moody’s Jasper Cooper, an …

Management of Top Risks Unsatisfactory, Say Risk Managers Profiled in FERMA Survey

Risk managers are not satisfied with the level of mitigation for six of the top 10 risks “that keep their CEO awake at night,” which is one of the key findings of the 2014 Risk Management Benchmarking Survey conducted by …

Large Agencies More Optimistic About Future Growth: Vertafore Study

Optimism over the future growth potential of independent agencies ties closely to the size of the independent agency, with larger agencies feeling more optimistic about future growth than their smaller counterparts, according to a new industry study. Some 70 percent …

States’ Efforts on Climate Change Adaptation: Half Full or Half Empty?

Who hates that glass-half-full analogy? I’m guessing more than half of you, but let’s not let that stand in the way of using the clichéd-to-death philosophical quandary to illustrate a point being made by a new online tool that shows …

Computer Model Predicts 2 Dozen Ebola Cases in U.S. This Month

There could be as many as two dozen people in the U.S. infected with Ebola by the end of the month, according to researchers tracking the virus with a computer model. The actual number will probably be far smaller and …

Weather Tracking Firm Receives Patent on Storm Warning Technology

Earth Networks Inc., a Maryland company that provides weather-tracking services, has received a patent on a technology that can be used to track storm cells. Patent 8,836,518 covers a method that uses lightning-flash rates to track the cells. According to …

A.M. Best: Prospects Improve for Insurers in ASEAN Market

While integration of insurance markets among the 10 member states of the Association of Southeast Asian Nations (ASEAN) has a long way to go, the prospects for closer connectivity in a region with vibrant growth give insurers and regulators incentive to …

Experts: Insurance Distribution Future Online and Personalized

The future of insurance distribution was discussed at the CPCU Society’s annual All Industry Day in California on Tuesday. The day-long conference at the Sportsmen’s Lodge in Studio City included panels on the economy, business interruption and cyber liability. During …

W. Africa Ebola Cases May Rise to 10,000 a Week by December

The number of Ebola cases in three West African nations may jump to between 5,000 and 10,000 a week by Dec. 1 as the deadly viral infection spreads, the World Health Organization said. The outbreak is still expanding geographically in …

Best Report: Spain’s Insurance Market Remains Profitable

As Spain’s economy shows signs of improvement, there are indications that the decline in the country’s non-life insurance market has slowed in 2014, aided by growth in the health insurance sector, according to a new A.M. Best special report. This …