Professional Liability Underwriters Feeling Pressure From COVID: AM Best November 13, 2020 The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many...
California Workers’ Comp Hospital Stays From 2010 to 2019 Examined November 10, 2020 A new study from the California Workers’ Compensation Institute shows the steep drop in the number of inpatient hospitalizations involving...
COVID-19 Cases in Nursing Homes Rising in States Hit by Latest Virus Surge November 10, 2020 By Ricardo Alonso-Zaldivar Despite Trump administration efforts to erect a protective shield around nursing homes, coronavirus cases are surging within facilities in states...
Reduced Driving Turns Into Fewer Injuries and Workers’ Compensation Claims November 10, 2020 By Jim Sams The COVID-19 pandemic comes with one bright spot for workers’ compensation insurers: Fewer workers are being injured in motor vehicle...
Philippine Insurers Under Pressure to Meet New Capital Requirement Amid Pandemic November 10, 2020 AM Best believes local companies in the Philippine insurance industry will still face significant pressure on underwriting growth and profitability...
Study Shows COVID-19 Patients at Greater Risk of Mental Health Problems November 9, 2020 By Kate Kelland Many COVID-19 survivors are likely to be at greater risk of developing mental illness, psychiatrists said on Monday, after a...
P/C Insurers Face Workforce, Risk, Policy Challenges as Pandemic Continues November 9, 2020 Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face...
Q3 Global Commercial Insurance Pricing Rockets 20% Higher: Marsh November 6, 2020 Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes...
It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses October 30, 2020 By L.S. Howard The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the...
Reinsurers’ Investment Strategies Offer Buffer for Low Interest Rates, Pandemic: S&P October 30, 2020 By L.S. Howard A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more...