Australian Insurers Should Be Able to Withstand Mounting Bushfire Claims: AM Best January 27, 2020 Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital...
Commercial Air Travel Passenger Death Rate Continues to Decline: MIT Study January 27, 2020 It has never been safer to fly on commercial airlines, according to a new study by an MIT professor that...
Workers’ Compensation Is Doing Well. Is It Time to Worry? January 24, 2020 By Susanne Sclafane Although workers’ compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing...
Entering and Exiting Digital: What’s Up with Multi-Brand Strategies of P/C Insurers? January 24, 2020 By Tom Super Two of the largest property/casualty insurers in the U.S., Allstate and Nationwide, made headlines recently when they announced shifts in...
Insured Losses from Australia’s Hailstorms Hit US$352.5 Million January 24, 2020 The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by hailstorms that struck eastern Melbourne, the...
Nukes, Cyber, Climate Change: World Now at 100 Seconds to Midnight January 23, 2020 By Don Jergler It’s 100 seconds to midnight. Nuclear war, cyber threats and climate change are putting the world in more danger than...
Natural Catastrophe Losses in 2019 Down 18% from Annual Average: Willis Re Report January 23, 2020 Insured losses from major natural catastrophes in 2019 totaled roughly $53.0 billion, about 18% lower than the annual average since...
State of Insurance Agency E&O Insurance Market: Managing Rates and Risks January 23, 2020 By Andrea Wells Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise...
Environmental Group Warns ‘Forever Chemicals’ Widespread in U.S. Drinking Water January 23, 2020 By Timothy Gardner The contamination of U.S. drinking water with man-made “forever chemicals” is far worse than previously estimated with some of the...
Insurtech Firm CyberCube Calls on Insurers to Set Global Cyber-Security Standards January 22, 2020 CyberCube, an insurtech focused on cyber risk analytics, is calling on the insurance industry to set global cyber-security standards as...