Insurance Agency M&A Deals Surged 20% in Year of Pandemic: OPTIS January 20, 2021 There were 744 announced insurance agency mergers and acquisitions in 2020, up nearly 20% from 649 reported in 2019. The...
Business Startups Surged Amid Covid-19 Pandemic January 19, 2021 By Michael Sasso and Steve Matthews The surge of U.S. business formations in the back half of 2020 has been one of the pandemic’s many surprises....
How Climate Change May Affect Hurricane Risk and Losses: AIR, Brookings, AXIS January 19, 2021 By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or...
Here’s How European Satellites Can Help Predict the Next Weather Disaster January 19, 2021 By Jonathan Tirone Spain began the new year battling Storm Filomena, a once-in-a-generation weather event that blanketed Madrid in snow and paralyzed the...
AM Best, Moody’s Rate Personal Lines Insurance Market Outlook as Stable January 19, 2021 AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s...
As Production Declines, Coal Miner Fatalities at Historic Low January 15, 2021 By Dylan Lovan Five miners died in U.S. coal mines in 2020, an all-time low mark for an industry in a year that...
How COVID Effect on Workers’ Compensation Claims Has Varied by State, Industry January 14, 2021 The percentage of COVID-19 claims among all workers’ compensation paid claims has varied greatly among states and occupations, as has...
Driving Declined But Traffic Deaths Rose 13% After Lockdowns Ended January 14, 2021 By David Shepardson U.S. traffic deaths jumped dramatically after coronavirus lockdowns ended in 2020, rising 13.1% in the three months ending Sept. 30...
Courts Allow COVID-19 Claims by Insureds With Policy Endorsements for Diseases January 12, 2021 By Jim Sams While insurers continue to win four out of five cases in early rounds, in the past month two property owners...
The Gig Economy, Auto Insurance and Surplus Lines January 11, 2021 By Zachary Lerner Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel...