Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
P/C Insurers Pulled Off Underwriting Turnaround in First 9 Months January 18, 2019 Private U.S. property/casualty insurers reported a $4.7 billion net underwriting gain in nine-months 2018, a sharp turnaround from a $21.0...
The Bright Side in a Graying U.S. Workforce: Viewpoint January 18, 2019 By Mark Miller Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and retirees....
Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked January 18, 2019 Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber...
Enviro Risks, Climate Change Lead Concerns in World Economic Report January 17, 2019 By Don Jergler Environmental risks continue to dominate long-term concerns, a new report shows. World Economic Forum’s Global Risks Report 2019 released on...
Deploying Drones, 3D Printing to Reduce Secondary Accidents at Crash Sites January 17, 2019 Idling in a long highway line of slowed or stopped traffic on a busy highway can be more than an...
Severe Weather in Canada Cost Insurers C$1.9 Billion in 2018: IBC January 17, 2019 Insured damage from severe weather events across Canada reached C$1.9 billion (US$1.4 billion) in 2018, according to the Insurance Bureau...
Final Insured Losses for Europe’s Storm Friederike/David Estimated at €1.7B: PERILS January 17, 2019 The final loss estimate for Extratropical Cyclone Friederike, also known as David, reached €1.672 Billion ($1.906 billion), according to PERILS,...
Failure to Mitigate Climate Change, Cyber Attacks Are Top Global Threats: WEF January 17, 2019 By Jill Ward The failure to tackle climate change and extreme weather events are the most threatening global risks this year, according to...
Research Suggests Marijuana Users More Likely to Be Fired or Laid Off January 17, 2019 As U.S. rates of marijuana use continue to rise, workers who use marijuana may be at higher risk of losing...