Research and Trends News

As Doctors Prescribe Fewer Opioids for Injured Workers, What Do They Offer Instead?

The good news is that doctors are less likely to prescribe opioids to injured workers than they were years ago. They have come to recognize that the pain medications have been overprescribed, causing addictions and deaths including suicides. The bad …

UK Brokers Rely on Face-to-Face Meetings, Hampering Client Support During Lockdown

Brokers have been slow to adopt social media and digital technologies as a whole, which is hampering their ability to keep the clients satisfied during the lockdown, said GlobalData in a report. The entire industry will face a changing landscape …

How Family-Work-Neighbor Networks May Make Things Worse in Disaster Response

Faced with a common peril, people delay making decisions that might save lives, fail to alert each other to danger and spread misinformation. Those may sound like behaviors associated with the current pandemic, but they actually surfaced in experiments on …

Pandemic Stay-at-Home Experience Raises P/C Insurers’ Bar for Delivering Digitally

Significant investments in direct-to-consumer website and mobile design have helped property/casualty insurance companies improve their digital service and shopping experiences. Consultants at J.D. Power say insurers have made across-the-board improvements in clarity of information, but many still struggle with the …

California Lowers Workers’ Comp COVID Estimate; Expects Claims Drop in Downturn

The Workers’ Compensation Insurance Rating Bureau of California on Monday released a study looking at the historic impact of economic downturns on workers’ comp claim frequency and the potential impact of COVID-19 on claims. The study, Impact of Economic Downturn …

Thieves Find Unattended Autos Easy Targets During Coronavirus Sheltering-at-Home

The coronavirus hasn’t been kind to car owners. With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, making them easy targets for opportunistic thieves. …

Driving Hasn’t Found Its New Normal Yet: Opinion

Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it’s a bit noisy. Apple mobility trends show searches for directions down …

Join the Big Coronavirus Survey for the Entire Property/Casualty Insurance Industry

How is the coronavirus pandemic affecting you, your life, your work and your industry? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of …

Reinsurers Will Fail to Earn Cost of Capital in 2020, Leading to More Rate Hikes: Fitch

Global reinsurers will fail to earn its cost of capital in 2020 amid the coronavirus crisis, which will help maintain price increases for the sector during the year ahead, said Fitch Ratings. Financial performance will be hit by mortality claims …

What’s a Life Worth? America Weighs Costs, Benefits of Social Distancing

We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go outside? Can we go back to work? Can we go to a restaurant or bar? Can we go to the beach? Can …