P/C Insurers Enroute to Posting Underwriting Loss for 2016: A.M. Best January 30, 2017 By Mark Hollmer The U.S. property/casualty industry will likely post a small underwriting loss for 2016 after three previous years of underwriting profits,...
Insurance Industry Rethinking Recruitment Strategies January 27, 2017 By Denise Johnson With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the...
Connected Homes Heighten Need for Personal Cyber Insurance January 27, 2017 Eight out of ten U.S. consumers have a home data network and more than a third of them connect entertainment...
U.S. P/C Insurance Earnings Picture ‘Isn’t Too Pretty,’ Says S&P January 27, 2017 This year will be a turning point for the U.S. property/casualty (P/C) insurance sector, as rising claims outpace pricing and...
Europe’s Firms Face Potential ‘Perfect Storm’ of Cyber Threats: MMC Report January 27, 2017 By L.S. Howard European companies are unprepared to cope with the reality of today’s cyber risks, according to a new report from Marsh...
Wells Fargo Market Outlook Has Favorable News for Cyber Security January 26, 2017 San Francisco, Calif.-based Wells Fargo Insurance released its 2017 Insurance Market Outlook and Employee Benefits Outlook reports showing this year’s...
P/C Insurance Execs Foresee Commercial Lines Growth, Led by Cyber, Outpacing Personal Lines January 25, 2017 Leaders of the property/casualty insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017,...
Cat Bond Issuance in 2017 Could Approach Record Levels: Aon Report January 25, 2017 Total catastrophe bond issuance for calendar year 2016 reached US$5.8 billion – a decrease from US$6.9 billion in 2015 –...
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...