Feds to Investigate Deadly Tesla Crash in California January 13, 2020 The National Highway Traffic Safety Administration is investigating the crash of a speeding Tesla that killed two people in a...
Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best January 13, 2020 Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and...
Potential Wage-and-Hour Claims Could Rise Under New Overtime Rule January 13, 2020 By Andrew G. Simpson New federal rules on overtime pay, which began January 1, change for the first time since 2004 the threshold for...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 13, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Industry Trends to Exploit for 2020 January 13, 2020 By Catherine Oak and Bill Schoeffler The insurance industry is so intertwined into the economy and society, that just about any noticeable change in either will...
Special Report: The Charity Issue – Photos of Giving December 16, 2019 Frank Winston Crum Insurance FWCI has an enterprise philosophy of philanthropy with a primary focus on helping people who cannot...
Insurer Market Conduct Troubles Often Traced to Claims Handling Errors December 16, 2019 By Jim Sams Mistakes by claims professionals were the most common reason for enforcement actions against U.S. property and casualty insurers in 2018,...
P/C Direct Premium Written Up 4.9% December 16, 2019 By Douglas A. Powell Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2018, total DPW for all...
Jefferson City Tornado-Related Insurance Claims Rise to More than $170M December 16, 2019 State insurance officials say Jefferson City, Missouri, residents made more than $170 million in insurance claims after a tornado hit...
Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms December 16, 2019 A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in...