Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4 March 9, 2021 U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to...
Fitch Sees 2020’s Personal Auto Insurer Profits as Unsustainable March 8, 2021 Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don’t look anything like...
Engineers Grade U.S. Infrastructure C- as Biden, Congress Prepare to Debate Fix March 5, 2021 By Hope Yen America’s infrastructure has scored near-failing grades for its deteriorating roads, public transit and storm water systems due to years of...
Upstream Mine Tailings Dams Pose Higher Risks of Instability: Study March 5, 2021 By Helen Reid and Jeff Lewis The most widespread type of dam used to store mine waste is nearly twice as unstable as the average tailings...
Survey Finds Insurance Agency Employees Now Prefer Mix of At-Home, In-Office Work March 5, 2021 Insurance agency managers may need to reassess the future of the five-day-a-week office after the pandemic is over as nearly...
Reinsurers Saw ‘Good’ Rate Hikes in January Renewals, but Will Be Asking for More: S&P March 2, 2021 By L.S. Howard Global property and casualty reinsurers saw “good” rate increases during the January 2021 renewals but they came up short of...
Post-Brexit Exodus of Staff and Assets from London to EU Slows March 2, 2021 By Huw Jones LONDON – The shift in financial staff and assets from the City of London to the European Union because of...
Many States Lack Flood Risk Disclosure Laws for Homebuyers March 1, 2021 Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks...
Top Workplace Discrimination Complaints of 2020: Retaliation #1 March 1, 2021 More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal...
Insurance Employment Impresses With Insurers Adding 20K Jobs During Pandemic February 26, 2021 By Susanne Sclafane Levels of employment for the insurance industry are “holding up much stronger than the overall economy,” the leader of an...