P/C Insurers Fell to $1.7 Billion Underwriting Loss in First 9 Months of 2016 January 25, 2017 For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015,...
Report Finds New York Construction Fatalities, Regulatory Violations Rising January 24, 2017 By Elizabeth Blosfield The New York Committee for Occupational Safety and Health (NYCOSH) found in its latest construction fatality report that construction worker...
1/1 Renewals Saw Some Price Stabilization, Record Capital, Demand Uptick: JLT Re January 24, 2017 By L.S. Howard The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they...
Why Are Large-Scale Tornado Outbreaks Increasing in U.S.? January 24, 2017 By Andrew G. Simpson The frequency of large-scale tornado outbreaks is increasing in the United States, particularly when it comes to the most extreme...
Cost of Most Serious Workplace Injuries Falls: Liberty Mutual January 20, 2017 Workplace injuries and accidents that cause employees to miss six or more days of work cost U.S. employers $59.9 billion...
Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report January 20, 2017 By L.S. Howard The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers,...
Soft Market Is Main Factor Limiting Growth of UK MGAs: Survey January 20, 2017 Soft market conditions have replaced regulation and compliance as the main factor affecting growth for UK managing general agents (MGA)...
Consumers Not Yet Convinced Driverless Cars Are Safer January 19, 2017 Car makers and tech firms are convinced that driverless cars are the future, but they appear to be ahead of...
Bluetooth Toothbrushes, Telematics, Fitbits and Data Tracking Acceptance January 19, 2017 By Suzanne Barlyn Twice a day, Scott Ozawa’s Bluetooth-enabled toothbrush tells his dental insurer if he brushed for a full two minutes. In...
Expect the Unexpected in U.S. Casualty Insurance Market in 2017: Marsh January 19, 2017 Insurers and customers are increasingly embracing the Internet of Things but greater reliance on these technologies could bring problems that...