Distracted Driving Is More Deadly Than Data Shows: Special Report October 18, 2017 By Kyle Stock Jennifer Smith doesn’t like the term “accident.” It implies too much chance and too little culpability. A “crash” killed her...
Common Reasons FEMA Denies Disaster Funds October 17, 2017 By David A. Lieb and Ryan J. Foley Local governments and nonprofits trying to recover from major disasters have sometimes learned the hard way that money spent on...
Freelance Workforce Keeps Growing, Increasingly by Choice October 17, 2017 Freelancing is growing. The freelance workforce grew from 53 million in 2014 to 55 million in 2016 and currently represents...
U.S. Homeowners’ Premiums Grow Despite Insurers’ Decreasing Return on Equity: Aon Benfield October 17, 2017 When this year’s results are tallied, direct U.S. homeowners’ insurance premiums will have continued to grow, despite a decreasing return...
May 2018 Deadline for EU’s Cyber Rule, GDPR, Spurs Corporate Action: Marsh October 17, 2017 The upcoming implementation of the European Union’s General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated...
California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says October 16, 2017 Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers. “Based on history...
Acquiring Insurers Underperformed in 2016: Willis Towers Watson October 16, 2017 Research from Willis Towers Watson published earlier this month revealed that insurers doing acquisitions in 2016 underperformed in comparison to...
Q3 Catastrophe Losses Will Bring Rate Hikes by London Market Insurers: Fitch October 16, 2017 Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers’ loss-affected...
How Warming Seas Could Cost South Carolina $12 Billion October 16, 2017 If oceans warm at a rate predicted by the Intergovernmental Panel on Climate Change, the United Nation-sponsored group that assesses...
More Re/Insurers Issue Their Q3 Natural Catastrophe Loss Estimates October 13, 2017 The third quarter natural catastrophe loss estimates continue to rise, as more insurers and reinsurers weigh in with their loss...