Research and Trends News

Report Sees Major Food Shortage as Climate Change Danger

Climate change reports and studies abound lately – as you will note from a previous column – but one recent report gives potentially the starkest prediction yet of what impacts climate change could have. The report from Lloyd’s of London, “Food …

Carriers See Growth Ahead in Specialty Insurance Program Market: Survey

The outlook is good for the specialty insurance program market, with carriers looking more favorably on smaller accounts, single state programs and startups, according to a new survey. Carriers see the program administrator and managing general agency (PA/MGA) market continuing …

A.M. Best: Volatility of China Stock Market Not Expected to Hit Insurer Ratings

The recent volatility of China’s stock market is not expected to affect the ratings of domestic insurers, according to a new briefing issued by A.M. Best*. Putting the volatility into context, A.M. Best noted that the Shanghai Composite Index fell sharply, …

Global Insured Cat Losses in First Half Are Below Long-Term Average: Munich Re

Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re. Total natural catastrophe losses incurred in the first half …

Why Back Surgery Rates Vary by Location

The probability of injured workers getting back surgery depends on the area of the country in which they seek treatment for their back pain. According to a Workers Compensation Research Institute (WCRI) study, “Why Surgery Rates Vary,” back pain is …

Survey: Many Consumers Stress Over Safety of Financial Information

While the safety of their private financial information is a big deal for a lot of people, when it comes to protecting it, many are actually pretty lax, a new survey says. According to the phone survey commissioned by MasterCard, …

Cell Phone Notifications Drive More Distraction: Study

Driver distraction could happen even when the driver isn’t using their cell phone. That’s according to a new study by Florida State University that found just receiving a notification on a cell phone can cause enough of a distraction to …

A.M. Best: Eurozone Insurers Remain Robust Despite Instability in Greece

The impact of Greece exiting the eurozone is likely to hit market confidence in the region, although (re)insurers operating in the economic bloc are well positioned to withstand a continued period of volatility, according to a briefing published by A.M. …

U.S. Power Grid Attack Could Cause $70 Billion Insurance Losses: Lloyd’s Report

A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives, economic losses of as much as a trillion dollars, the disruption of water supplies and transportation, and potentially more than …

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 down in June from the previous month and those were only down …