Top 12 Insurance Trends and News Stories of 2016: Countdown December 27, 2016 By Andrew G. Simpson In the year 2016, as in past years, there were the familiar or continuing stories including reinsurers still wishing and...
East Regulation Report Card: Vermont Ranks Best for 3rd Straight Year December 22, 2016 By Elizabeth Blosfield The R Street Institute, a nonprofit public policy research organization headquartered in Washington, D.C., has found that Vermont has the...
Study: Cumulative Trauma Claims in California Comp Affected by Attorneys December 19, 2016 A new study on California’s workers’ compensation system finds a “strong association” between attorney involvement and the high cost of...
How Much Do Health Insurance Subsidies Cost Taxpayers? December 19, 2016 By Ricardo Alonso-Zaldivar Taxpayers will fork over nearly $10 billion more next year to cover double-digit premium hikes for subsidized health insurance under...
California Worker Fatalities up in 2015, Report Shows December 16, 2016 There were more workplace fatalities in California in 2015 compared with the prior year, but worker deaths are below the...
Re/Insurers’ Fundamentals Begin to Erode in Challenge-Filled Market: A.M. Best December 16, 2016 The ongoing pressures of diminishing investment returns, dwindling loss reserves and intense competition are beginning to erode industry fundamentals, cautioned...
Is Climate Change Causing Colder Weather and More Snow in Eastern U.S.? December 15, 2016 By Don Jergler Baby, it’s cold outside. And guess what? Climate change could make it even colder. December’s a great time to talk...
Insured Cat Losses in 2016 Totaled $49B, with $158B of Economic Costs: Swiss Re December 15, 2016 More than 10,000 people died as a result of natural and man-made disasters during 2016, with financial losses totaling at...
Reinsurance Prices May Be Bottoming but Outlook Remains Negative: A.M. Best December 14, 2016 The outlook for the reinsurance sector is being held at negative by A.M. Best, which cited continuing market challenges that...
D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable December 13, 2016 Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices...