Hurricane Dorian Insured Losses in Caribbean from Wind, Storm-Surge Could Hit $6.5B September 10, 2019 Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the...
Billion Dollar Loss Scenarios Point to Need to Better Understand Cyber Events September 9, 2019 As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report...
Report Sees ‘Explosive’ Growth for North American Cannabis Market September 5, 2019 By Don Jergler The cannabis market in North America will be worth $47.3 billion by 2024, a new report shows. The report out...
Total Losses in Bahamas from Hurricane Dorian Estimated at $7 Billion September 5, 2019 Hurricane Dorian inflicted an estimated $7 billion in total insured and uninsured losses on the Bahamas, according to catastrophe risk...
Report: California Workers’ Comp Medical Payment Trends Fell in 2018 September 4, 2019 Medical payments in California’s workers’ compensation system continued to decline in 2018 as the medical payments per claim decreased, according...
Report Examines First-Year Impact of California’s New Drug Formulary September 3, 2019 A new report shows that an evidence-based drug formulary put into effect by the California Division of Workers’ Compensation over...
Japan Quakes to Cost Insurance Industry $2B-$3B Annually: Karen Clark & Co. August 30, 2019 For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a...
World’s Safest Cities: Washington Rises, Hong Kong Falls August 30, 2019 There’s a new surprise member of the world’s safest cities club. Washington, D.C. has entered the top 10 in the...
Millennials Think They’re So Much Better at Multitasking Than Everyone Else. They Are. August 29, 2019 Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life...
California Workers’ Comp Bureau Report Shows Written Premium Falling August 27, 2019 The Workers’ Compensation Bureau of California on Tuesday issued its latest quarterly report on insurer loss and premium experience valued...