How Medical Liability Insurers’ $30 Billion ‘Cushion’ Is Also Barrier to Profit March 22, 2017 By Joseph S. Harrington, CPCU, ARP For all the changes in healthcare over the past 10 years, the principal challenges facing medical professional liability (MPL) insurance...
California Workers Comp Medical Review Volume Hit a Record in 2016 March 21, 2017 The California workers’ compensation independent medical review process used to resolve medical disputes found that in 2016 IMR physicians once...
Risk Management Not Keeping Up with Escalating Risks: Survey March 21, 2017 Most executives see risks increasing in both number and complexity – but those same executives say their organizations’ risk management...
European Reinsurance Buying Continues to Increase But Demand for Cover Slows: A.M. Best March 21, 2017 The 20 largest European cedants have continued to buy more reinsurance as soft market conditions prevail, although the pace at...
Half of Global Insurance Premium Growth Tied to China: Allianz Research March 21, 2017 By Andrew G. Simpson Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224...
Patients’ Pre-Surgery Opioid Use Contributes to Higher Costs, Complications March 20, 2017 By Andrew G. Simpson Surgery patients often go home from the hospital with a prescription for painkillers to take as they recover. But a...
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch March 17, 2017 Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to...
Black Pedestrians at Higher Risk Than Whites at Crosswalks from Motorists Not Stopping March 17, 2017 Motorists approaching mid-block crosswalks are less likely to yield for black pedestrians than white pedestrians and the pedestrian bias is...
High-Net-Worth Individuals Concerned About Underinsurance: Chubb March 17, 2017 More than half (54 percent) of high-net-worth individuals (HNWIs) are concerned that they are underinsured, with many worried their coverage...
Take This Lemonade and Startups: Insurers Garner Record High Satisfaction Grades March 14, 2017 By Andrew G. Simpson Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a...