COVID-19 Could Rank Among Re/Insurance Sector’s Most Expensive Events: Carpenter June 25, 2020 Although considerable uncertainty remains over its ultimate cost, the COVID-19 pandemic looks set to rank among the re/insurance sector’s most...
Exclusive: How P/C Insurance Pros Are Faring Working From Home During Pandemic June 25, 2020 By Andrew G. Simpson According to Dorothy in the Wizard of Oz, there’s no place like home. For many in the property/casualty insurance industry,...
U.S. Economic Losses from Severe Weather During May Topped $4 Billion: Aon June 24, 2020 Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers...
Business Cyber Losses Soar but Firms Fight Back with Extra Security Spending: Study June 23, 2020 By L.S. Howard Cyber losses among businesses have risen nearly six-fold during the past year, from a median cost of $10,000 per firm...
There’s Plenty of Room for Improvement in U.S. Commercial Lines: Fitch June 22, 2020 By Susanne Sclafane With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10...
In U.S., 1 in 4 COVID-19 Deaths Are Residents of Nursing Homes June 22, 2020 By Ricardo Alonso-Zaldivar and Justin Myers Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more...
Emerging Mkt Infrastructure Projects to Bring Premiums of $50B in Next Decade: Sigma June 18, 2020 By L.S. Howard Investment in infrastructure development is set to be one of the main drivers of growth in emerging markets after the...
Edge Computing, Supply Chains, Deepfakes Among 2020’s Top Emerging Risks: Swiss Re June 12, 2020 By L.S. Howard Pandemic threats were once on the list of potential emerging risks facing the insurance industry and society. Now that this...
Cannabis Cultivation Market Expanding, But Insurance Might be a Headwind June 11, 2020 By Don Jergler The cannabis cultivation market in the U.S. continues to expand, though COVID-19 will affect or is affecting the majority of...
Do Auto Insureds Prefer Insurer Websites Over Agents? J.D. Power Thinks So. June 11, 2020 Remember all the talk that digital transformation would disrupt the auto insurance industry? Well, it’s real, according to the consultants...