Surplus Lines Insurance Premium Up Nationwide July 26, 2017 A mid-year compilation of excess and surplus (E&S) insurance premium amounts by the Surplus Lines Stamping Office of Texas (SLTX)...
Catastrophes Cost Insurers $22B in 1H 2017; Economic Losses Totaled $53B: Aon July 20, 2017 Global insured losses from natural disasters during the first half of 2017 are estimated at US$22 billion with 76 percent...
UK Faces ‘Substantial’ Risk of Failure of Brexit Talks, Moody’s Warns July 19, 2017 By Charlotte Ryan The risk that the UK will tumble out of the European Union in two years without a Brexit deal is...
California’s Drought Is Over, but a New Report Shows Wildfire Risk is High for Millions July 18, 2017 By Don Jergler California’s drought-ridden feet aren’t out of the proverbial fire yet. This years’ powerful winter storms ended perpetual discourse about the...
Novarica: Commercial Insurers Prioritizing Tech Advancements July 18, 2017 A new report by the research and advisory firm, Novarica, shows that commercial insurance carriers are modernizing policy administration systems...
Natural Disaster Claims Drop 40% to $19.5B in 1st Half of 2017: Munich Re July 18, 2017 Insurers paid out around $19.5 billion for natural disaster claims in the first half of 2017, almost 40 percent less...
Major Cyber Attack Could Cost Global Economy $53 Billion: Lloyd’s July 17, 2017 By Suzanne Barlyn A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with...
Insurers Beat Other Industries on Shareholder Value – But Can It Last? July 17, 2017 The insurance sector is beating other industries on delivering shareholder value but insurers may find this more difficult to do...
New Study Reaffirms Virginia Flooding Predictions as Sea Levels Rise July 14, 2017 A new study reaffirms predictions that parts of coastal Virginia will face chronic flooding if nothing is done about sea-level...
It’s Not True that Marijuana Dispensaries Increase Crime, Say Researchers July 13, 2017 A new study published in the July issue of the Journal of Urban Economics finds that contrary to popular belief,...