Insurance Research Finds Many Homeowners Don’t Understand Deductibles June 15, 2017 Almost five years after Superstorm Sandy, one third of homeowners in several coastal states are still unaware of hurricane deductibles...
Report: California Wage Increase Will Require Hike in 2018 Comp Benefits June 14, 2017 California’s State Average Weekly Wage rose more than 3.6 percent to $1,206.92 in the year ending March 31, which the...
Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety June 13, 2017 Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of...
Protectionism, Cloud Accumulation, Water Stress Among 20 Emerging Risks Facing Insurance Industry: Swiss Re June 13, 2017 Reduced market access, regulatory fragmentation, the return of inflation and cloud risk accumulation pose the largest challenges with the highest...
Burand’s State of P/C Insurance Industry, Part 1: Agencies Facing Paradigm Shift June 13, 2017 By Chris Burand Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of...
Lloyd’s Urges Insurer Investment in Natural Habitats for Flood Protection June 13, 2017 Natural coastal habitats such as mangroves, coral reefs and salt marshes protect communities more effectively against coastal storms than seawalls,...
How and Why More Insurers Are Turning to Bots June 12, 2017 By Denise Johnson As more bots handle claims and perform underwriting tasks, should human employees be concerned? Human industry experts say there’s no...
Workers’ Compensation Income Benefits Fall Short for Injured Workers: WCRI June 12, 2017 By Andrea Wells Adequacy of income benefits is one of the long-standing concerns about the performance of workers’ compensation systems. However, there is...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report June 9, 2017 Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public...
Coming Soon: Talking Car That Tells If Driver Is About to Have Medical Emergency June 6, 2017 A driver experiencing an unexpected cardiac event on the road isn’t the only one at risk. Fellow passengers and motorists...