Ten Largest Insurance Markets Likely to See 4.5% Drop in GDP During 2020 November 17, 2020 The world’s 10 largest insurance markets are cumulatively expected to see their gross domestic product (GDP) decrease by 4.5% in...
Independent Agents Seek Digital, Product Support From Carriers to Battle Direct Writers November 16, 2020 Independent insurance agents and their carrier partners face strong headwinds in their efforts to maintain their dominance among distribution channels...
Hurricanes Staying Stronger Longer After Landfall Than in Past November 13, 2020 By Seth Borenstein Hurricanes are keeping their staying power longer once they make landfall, spreading more inland destruction, according to a new study....
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...