Top 3 Causes of Global Liability Claims = 60% of Value: Allianz Report April 5, 2017 By L.S. Howard Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according...
Governors Report Pedestrian Fatalities Continue to Increase March 31, 2017 The number of persons on foot killed on U.S. roadways last year increased an estimated 11 percent compared to 2015,...
Bermuda Re/Insurers Start to Feel Pressures of Challenging Market: A.M. Best March 31, 2017 Bermuda market re/insurers are beginning to experience lower profits, a deterioration in both return on equity and combined ratio as...
Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding March 31, 2017 Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured...
What Could be Hotter than Phoenix? The Answer Might Just Be Phoenix March 30, 2017 By Don Jergler Can you imagine an even hotter, drier Phoenix? Certainly not if you’ve been to the sun-drenched Arizona capital in the...
Personal Auto Rate Hikes Not Keeping Up with Losses: Fitch March 30, 2017 U.S. personal auto underwriters increased premium rates “significantly” in 2016. But here’s the thing: it wasn’t enough. Loss trends are...
Insured Cat Losses in 2016 Rose 42% at Highest Level Since 2012: Swiss Re March 28, 2017 By Mara Bernath Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since...
How Parents’ Perceptions Can Influence Teens Drivers’ Licensure March 28, 2017 Preparing teens for safe independent driving could save lives, though historically there has been very little research to guide parents...
4 Million Driving Jobs at Risk from Autonomous Vehicles: Report March 27, 2017 By Andrew G. Simpson As many as four million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology...
BLS Report Finds New Jersey Fatal Work Injuries Increased in 2015 March 23, 2017 The U.S. Bureau of Labor Statistics (BLS) reported in March that fatal work injuries totaled 97 in New Jersey for...