Research and Trends News

North Atlantic Hurricanes Can Have Big Impact in the Midwest

Located hundreds of miles inland from the nearest ocean, the Midwest is unaffected by North Atlantic hurricanes. Or is it? With the Nov. 30 end of the 2014 hurricane season just weeks away, a University of Iowa researcher and his …

Health Plan Costs Up Slightly; What Employers Are Doing About It

In 2014, U.S. companies and their employees saw a slight uptick in the rate of U.S. health care cost increases, according to an analysis by corporate health and benefits consultant Aon Hewitt. After plan design changes and vendor negotiations, the …

World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord

The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the top 150 brokers write almost 59 …

Taiwan’s Cathay Life Acquires Asset Manager, Research Firm Conning

Cathay Life Insurance Co. of Taiwan has acquired insurance industry investment and asset manager and research firm Conning Holdings Corp. of Hartford, Conn. and all of its subsidiaries. Under the terms of the agreement, Cathay Life will purchase Conning for …

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 …