Research and Trends News

IMF Sees Global Growth Gaining Along with Rising Risks in Emerging Economies

The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic snapshot, the Washington-based IMF said …

SNL’s Top 30 E&S Writers: Berkshire On Fire with 40% Growth in 2013

With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three places. Berkshire Hathaway Inc. is …

Top 10 States and Cities for Job Growth

North Dakota, California, Texas and Florida did well in job growth in 2013 while Arkansas and Pennsylvania lagged and West Virginia was the only state to lose jobs. Overall, 12 states showed job growth of at least two percent last …

In Search of Scientific, Engineering Solutions to Make Cities Resilient

Sandia National Laboratories is bringing decades of experience solving problems with practical engineering and modeling complex systems to cities around the world under a new agreement to support the 100 Resilient Cities Centennial Challenge, pioneered by the Rockefeller Foundation. The …

Fitch Sees Growth, Profitability Continuing for U.S. Commercial Lines

Fitch Ratings said it maintains a stable rating outlook for the U.S. commercial lines sector due to improving profitability over the past two years and strong capital levels allowing insurers to withstand considerable adversity. Fitch’s fundamental outlook on the commercial …

Aflac Claims Workers’ Compensation Claims Drop for Firms Offering Accident, Disability Insurance

A high percentage —  42 percent on average — of all companies providing access to voluntary accident and disability insurance report declines in their workers’ compensation claims, according to the results of an online survey released by Aflac, a leading …

Reinsurance Price Drop Seen Triggering Lower P/C Rates

A downward slide in reinsurance prices showed clear signs of accelerating in April contract renewals and is likely to feed through to property/casualty insurance prices before long, broker Willis said this week. Reinsurers have seen prices fall by up to …

Top 5 Riskiest States for Employee Lawsuits: Hiscox

Four states – California, Illinois, Alabama and Mississippi – along with the District of Columbia, are the top five riskiest places in the country for employee lawsuits. Businesses in these states and jurisdictions face a substantially higher risk of being …

1 in 10 Small Businesses Report Workers Under Influence of Alcohol, Drugs

One in 10 small businesses had employees show up for work last year while under the influence of at least one controlled substance. Small-business owners reported that alcohol, marijuana and prescription painkillers were the most common substances employees used, according …

Life Insurers Flock to ‘Easy’ Iowa As More Federal Oversight Looms

After Symetra Financial Corp. was formed in 2004, the life insurer set up shop in a 25-story glass tower outside Seattle, put its name on the building and pushed the state to adopt more favorable rules for its business. The …