Research and Trends News

12.7 Million Sign Up for Coverage on Health Insurance Exchanges: HHS

About 12.7 million Americans signed up for 2016 health insurance coverage through the government insurance exchanges, surpassing its expectations, U.S. Health and Human Services Secretary Sylvia Burwell said on Thursday. The government began offering subsidies for individual insurance in 2014 …

Long Hours for Surgeons Not Higher Risk to Patient Safety: Research

A new national study led by Northwestern Medicine showed allowing surgical residents the flexibility to work longer hours in order to stay with their patients through the end of an operation or stabilize them during a critical event did not …

Why Google’s Not So Smart or Fast and Insurance Agents Aren’t Dead… Yet

Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a recent conference. “The most radical view of …

UK Firms ‘Can’t Afford to Ignore’ Cyber Risks, One of Top Business Threats: PwC

UK companies and institutions remain vulnerable to cyber attacks despite the fact that many CEOs now rank cyber as one of the top threats to their businesses, warns PwC’s Cyber Security practice. Almost three-quarters (74%) of chief executive officers in …

How Automation Will Whack Up to 25% of Insurance Jobs: McKinsey

Automation could leave up to 25 percent of the insurance industry’s current full-time positions consolidated or replaced over the next decade, McKinsey & Co. said in a new report, Automating the Insurance Industry. The consultancy urged insurers to “rethink their …

Asian, LatAm Financial Wage Rises Set to Outpace North America, Europe

Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey by consulting firm Mercer …

Most Dangerous Cities in U.S. Ranked by Crime Data

East St. Louis, Illinois and Camden, New Jersey rank first and second in an annual ranking of the country’s most dangerous cities. New Orleans ((70), Philadelphia (65), Miami (63), Washington, D.C. (35) and Baltimore (19) are on the list but …

Record Western Wildfires a Contrast in Otherwise Quiet Year for U.S. Natural Disasters

It was a relatively quiet year for natural disasters – except for those living in the Western U.S. Property data provider CoreLogic today released its annual Natural Hazard Risk Summary and Analysis. The report shows “a continued trend of fewer …

M&A to Intensify as Insurers Hunt for Top-Line Growth: Willis Towers Watson

The competition for attractive assets will intensify in the next three years as the majority of insurers (82 percent) plan to acquire, while only one-third intend to divest, according to a survey of senior insurance executives conducted by Willis Towers …

2015 Cat Bond Activity Down Slightly from Record Levels in 2014: GC Securities

While property and casualty catastrophe bond primary issuance levels were “uncharacteristically low” in the fourth quarter of 2015, totals at year-end were only slightly lower than the all-time high levels reported in 2014, according to GC Securities, a division of MMC …