Research and Trends News

Cyber Attacks, Terrorism Are Top Emerging Risks for 2015: Guy Carpenter

Cyber attacks and terrorism are ranked among the top emerging risks concerning the (re)insurance industry in the year ahead, according to a survey released by Guy Carpenter & Co. According to the findings, new products, expansion into new geographic markets …

Experts See Gradual Transition to Accident-Free Driving

As millions of cars are under recall for potentially lethal air bags, designers are trying to reduce the need for the device – using sensors, radar, cameras and lasers to prevent collisions in the first place. With driver error blamed …

ACE Report Urges Risk Managers to Reexamine Capabilities of Insurer Partners

ACE urged risk managers at multinational European companies to reexamine the capabilities of their global insurance partners as the international regulatory and business environment grows increasingly complex. The recommendation follows recent ACE research, which suggests that 70 percent of European …

Professor, Former Agent, Adjuster to Head New Alabama Insurance Center

Dr. Lars Powell has been named  the inaugural director of the newly-created Alabama Center for Insurance Information and Research at The University of Alabama. Powell is a professor of finance and holds the Whitbeck-Beyer Chair of Insurance and Financial Services …

WCRI: Hospital Costs for Injured Workers in N.C. Remained High in 2012

Hospital costs per workers’ compensation claim in North Carolina remained higher than most states in 2012 in the wake of attempts to control their costs, according to a new study by the Workers Compensation Research Institute (WCRI). The report, “CompScope …

Commercial Rates Continue on Slow Slide; Personal Lines Rates Moderate: Survey

The composite rate for U.S. commercial insurance was plus 1 percent in October 2014 while the composite rate for U.S. personal lines was plus 3 percent for the month, according to MarketScout’s monthly analysis of market conditions. “As expected, the …

Survey: Businesses Slow to Boost Cyber Insurance Coverage Despite Risks

While a majority of U.S. finance executives now see high-profile cyber-breaches as a major risk, many still have inadequate cyber insurance coverage, a new survey found. That finding comes from the Association For Financial Professionals’ survey of executives in corporate …

Study: N.J.’s Teen Driver Decals Show Sustained Link With Fewer Crashes

A new study has found that New Jersey’s Graduated Driver Licensing (GDL) decal provision is associated with a sustained two-year decline in crash rates among intermediate (i.e., probationary) teen drivers. The study, conducted by the Children’s Hospital of Philadelphia, was …

Top 25 D&O Insurers Show Healthy Growth: SNL

Direct premiums written for the directors’ and officers’ liability insurance industry grew 7.35 percent year over year in the first half of 2014, rising to $2.91 billion, according to an SNL Financial analysis of monoline D&O policies. Growth in written …

Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield

Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes.. Reinsurance broker Aon Benfield’s 2014 Homeowners ROE Outlook concludes that insurers’ prospective after-tax return-on-equity (ROE) for homeowners insurance is 7.9 percent on a countrywide average, up …