Insurers Hope Insurtech Will ‘Nudge’ Customers to Less Risky Behaviors September 19, 2017 By Jemima Kelly and Carolyn Cohn Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates...
Employers Expect Above-Average Rise in Cost of Employee Benefits in 2018: Mercer Survey September 18, 2017 Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which is above...
Hurricanes to Usher in Short-Term Hard Market for Property Risks: Survey September 18, 2017 Damage left by Hurricanes Irma and Harvey will lead to a hardened property market and pricing correction, at least in...
Britain to Lose Out on 10,000 Finance Jobs in First Wave of Brexit Reaction: Reuters Survey September 18, 2017 By Carolyn Cohn, Simon Jessop and Andrew MacAskill Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the...
California Worker’s Comp Insurer Written Premium Down 4% in First Half of 2017 September 15, 2017 The Workers’ Compensation Insurance Rating Bureau has completed its report on statewide workers’ comp insurer loss and premium experience through...
Specialty MGAs Continue to be Popular Acquisition Targets September 14, 2017 By Susanne Sclafane With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a...
Insurtech Firms Often Help, Not Disrupt, Traditional Reinsurers: JLT Re September 12, 2017 By L.S. Howard A wave of insurtech startups are entering the re/insurance market – but that’s not necessarily a disruptive trend, according to...
South Dakota Beats Delaware as Best Legal Climate for Businesses September 12, 2017 For the first time in 15 years Delaware’s court system has lost the top spot in a key business survey,...
Majority of Americans Don’t Trust Self-Driving Cars September 11, 2017 By Keith Naughton Fully self-driving cars are set the hit the road within four years, but most Americans aren’t ready to buy them....
Risk Managers Cautious When It Comes to Use of Drones September 7, 2017 When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of...