How Cyber FICO Ratings Could Benefit Insurance Underwriting March 7, 2018 By Michelle Reed, Shawn Hanson and Diana Schaffner Nearly 30 years ago the Fair Isaac Corp. (FICO) first introduced its metric for measuring creditworthiness. Since then, the FICO...
Managing Time Expectation for Claims Key to Keeping Homeowners Happy March 6, 2018 Overall customer satisfaction among homeowners filing property insurance claims has reached a new all-time high, despite record-high property losses following...
Why Companies Are Relaxing Employee Drug Testing March 6, 2018 By Jennifer Kaplan and Rebecca Greenfield Employers are struggling to hire workers in tightening U.S. job market. Marijuana is now legal in nine states and Washington,...
Gun Injuries Drop 20% During NRA Convention Every Year: Study March 1, 2018 Thousands of firearm injuries occur in the United States each year, but the likelihood of such injuries appears to drop...
Study Suggests Pedestrian Fatalities May be Linked to Smartphone, Marijuana Use March 1, 2018 For the second year in a row, nearly 6,000 pedestrians were killed in motor vehicle crashes in the U.S. in...
Report: Number of Qualified Medical Evaluators in California Workers’ Comp Fell February 28, 2018 The number of qualified medical evaluators resolve disputes over California workers’ compensation claim issues fell 20 percent between January 2012...
Sports Play Beats Age as Indicator of New Drivers’ Ability: Study February 28, 2018 Novice male teen drivers are better than new male drivers in their 20s and male and female students who play...
Commercial Insurance Prices Rise in Q4 2017, Reversing 4½ Years of Rate Cuts: Marsh February 28, 2018 Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely...
Europe’s Storm Friederike (aka David) to Cost Insurers €1.5B (US$1.8B): PERILS February 28, 2018 The initial insured price tag for Extratropical Cyclone Friederike, also known as David, is an estimated €1.5 billion (US$1.8 billion),...
Why Financial Tech Startups Need Incumbents to Succeed February 28, 2018 By Julie Verhage Financial technology startups are seeing no shortage of venture dollars flowing their way, but there are increasing concerns over whether...