Research and Trends News

Commercial Insurance Prices Remain Static for Fourth Month

Commercial insurance rates have barely budged at all over the last four months, according to the MarketScout report for June. Only the business interruption line saw rates go was down in June from last month and those were only down …

Reinsurance Industry Faces Uncertain Future as Time Moves On

It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until recently a rock solid bastion of the “we do it …

Affordable Care Act Attracting Younger, Healthier Insureds

Obamacare is attracting younger and healthier people to its coverage plans this year, according to research by Express Scripts Holding Co., a trend that could help balance and sustain the law’s insurance markets. According to the report, which looked at …

ILS Products Are Changing Reinsurance Industry Norms: ‘Acts of God’ Author

Second of two articles In the first article in this series, Paula Jarzabkowski, professor of Strategic Management at Cass Business School, City University London, discussed the findings of her book on the reinsurance industry, which show that the market is …

Loyalty to Insurer Doesn’t Always Pay Off for Drivers

When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for his disloyalty after nine years? With savings of …

How Terrorism Reinsurance Law Uncertainty Affected Market

After a slight dip in the wake of the brief lapse of the terrorism reinsurance program in early 2015, terrorism insurance market conditions are steady again, although there have been some noteworthy changes in behavior, insurance broker Marsh said in …

Study: Social Posts Provide Clues to Millennials’ Attitudes

A study of social media posts of millennials — those aged 20 to 35 — found that when this group shares financial concerns online their anxiety decreases significantly even when a purchase or transaction is a completely new experience. To conduct the …

How Supreme Court Gay Marriage Ruling Affects Employee Benefit Plans

Following the historic Supreme Court decision that same-sex couples have a national right to marry, employers offering domestic partner benefits to unmarried couples may pull back on that offering since employees in all states will be able to marry. Meanwhile, …

How Supreme Court Marriage Ruling Affects Gay Couples’ Finances

The Supreme Court’s decision to allow same- sex marriage nationwide will remove tax and personal finance headaches that have bedeviled gay couples. The 5-4 decision by the court (Obergefell v. Hodges) is a particularly significant victory for many residents of …

4 of 10 Mid-Sized Firms Have Had Data Breach: Survey

Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The Hartford’s survey of midsize business owners …