U.S. Storms, Global Floods, Bushfires Cause Economic Damages of $3B-Plus in January February 11, 2020 U.S. storms, Australian bushfires and hailstorms, and floods in various countries across the globe caused more than $3 billion in...
How Costs for Obesity in Workplace Vary by Industry February 11, 2020 Although obese employees incur higher direct and indirect costs, the extent of obesity-related costs tends to be lower in some...
How Data-Dependent Federal Reserve Is Growing to Like Private Company Big Data February 10, 2020 By Christopher Rugaber About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The...
Researchers Create Extreme Weather Early Warning System from ‘Obsolete’ Tool February 6, 2020 By Andrew G. Simpson Rice University engineers have created a deep learning computer system that taught itself to accurately predict extreme weather events, like...
Global Insurance Industry M&A Total Reached $12.92B in December February 5, 2020 Total insurance industry merger and acquisition (M&A) deals in December 2019 worth $12.92 billion were announced globally, according to GlobalData’s...
Forget Robots. Dogs May Be Taking Crop Inspection Jobs. February 5, 2020 By Kim Kaplan Dogs specially trained by the federal government’s Agricultural Research Service scientists have proven to be the most efficient way to...
Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic February 4, 2020 Rating firm AM Best said it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus...
Data Driven Business Models to Affect Entire Insurance Value Chain: Swiss Re Report February 3, 2020 Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored...
Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast January 31, 2020 Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number...
Brexit Impact on UK Insurers Dictated by Trade Talks, Possible Economic Hit: AM Best January 30, 2020 From an operational point of view, the United Kingdom’s departure from the European Union on Jan. 31, 2020 will have...