How Insurance Market Will Expand in Age of Autonomous Vehicles November 20, 2018 By Denise Johnson Though it’s estimated that by 2025 auto insurance premiums will drop by $25 billion as a result of the adoption...
Latest Estimates of Insured Losses from California Wildfires at $9B to $13B November 19, 2018 Insured losses from the Camp and Woolsey wildfires in California will be between $9 billion and $13 billion, according to...
Medical Professional Liability Insurers Post Underwriting Loss Again November 19, 2018 U.S. medical professional liability insurers reported an underwriting loss again last year, according to Fitch Ratings in a new report...
$8.6B Worth of Homes at High or Extreme Risk from California Fires November 16, 2018 A report out on Friday shows 23,044 homes with a total reconstruction cost value of $8.6 billion are at high...
Tokio Marine’s Sale of Reinsurance Units to Boost Operational Efficiency: Fitch November 16, 2018 Tokio Marine Holdings Inc.’s (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational...
Ambulatory Centers’ Surgery Costs Below Hospitals’, Workers’ Comp Research Finds November 15, 2018 There is new evidence that ambulatory surgery centers are less expensive for certain surgeries than hospitals. Payments for similar knee...
How Independent Agents Fared in 3Q and the Past 4 Years November 9, 2018 Independent insurance agents and brokers can celebrate a four-year growth trend, reports Reagan Consulting. in its third-quarter Organic Growth and...
Can Commercial Auto Insurers Get to Profit Before Autonomous Vehicles Arrive? November 9, 2018 By Susanne Sclafane Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a...
Tallying Losses from October’s Global Catastrophes November 8, 2018 October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly...
Ending Major Threat of Drug-Resistant Deadly Superbugs for $2 Per Person November 8, 2018 By Kate Kelland Halting the rise of deadly drug-resistant “superbug” infections that kill millions around the world could cost just $2 per person...