Companies Rely More on Tips Than Technology to Detect Fraud: KPMG June 13, 2016 Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use...
Women Are 30 Years From Attaining 30% of Seats on Boards: Report June 13, 2016 By Anjuli Davies It will take 30 years at the current pace of change for women to attain just 30 percent of the...
Why June Storms Are No Harbinger of What’s to Come June 10, 2016 By Brian K. Sullivan A week into June and two tropical storms have drenched the U.S. South. Perhaps it would be a good time...
Bigger Is Better for Lloyd’s Syndicates with Active Cycle Mgmt: S&P June 10, 2016 By L.S. Howard Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd’s syndicates deliver another strong set of...
WCRI Study Finds ‘Noticeable’ Drop in Opioid Prescriptions in Workers’ Compensation Cases June 9, 2016 A new study by the Workers Compensation Research Institute (WCRI) found “noticeable decreases” in the amount of opioids prescribed per...
Global Disasters During May to Cost Insurers at Least $7B: Aon Report June 9, 2016 Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires,...
Here’s How Autonomous Car Sales Will Accelerate in Next Two Decades June 9, 2016 Global sales of autonomous vehicles will reach nearly 21 million vehicles by 2035, a substantial increase from previous estimates, according...
How to Avoid D&O Policy Pitfalls – and Declined Claims: Marsh Report June 8, 2016 By L.S. Howard When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to...
Insurers Must Stop Insuring Illegal Fishing Vessels: UBC Research June 7, 2016 Rogue fishing vessels are able to secure insurance even after they have been red-flagged by international watchdogs for unlawful activity,...
Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings June 7, 2016 By Jan-Henrik Förster and Oliver Suess Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry...