Here’s What’s Happening with Drug Costs in Workers’ Compensation April 7, 2016 Overall pharmacy spending increased 2.2 percent for U.S. workers’ compensation payers in 2015 due to higher drug prices, according to...
Top Homeowners Insurance Claims April 6, 2016 Weather incidents account for more than half of all homeowners insurance claims, with wind, pipes freezing and bursting, roof and...
Hospitals Warned on Surge in Ransomware Attacks April 6, 2016 By Jim Finkle U.S. hospitals should brace for a surge in “ransomware” attacks by cyber criminals who infect and shut down computer networks,...
Travelers Predictive Model Helps Injured Workers Avoid Chronic Pain, Opioid Use April 5, 2016 By Andrew G. Simpson The country’s largest workers’ compensation insurer said it has developed a model to predict the likelihood of an injured worker...
UK’s Flood Re Launches to Bring Affordable Flood Cover to Homeowners April 4, 2016 By L.S. Howard The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4). Designed to...
‘Brexit’ Would Hurt or Severely Damage Lloyd’s of London: Survey April 4, 2016 A survey of London market insurers, brokers, and service providers revealed that 70 percent believe a U.K. exit from the...
April Renewals Saw More Price Cuts, but Reinsurance Demand Rises: Willis Re April 1, 2016 By L.S. Howard While the April 1 renewals saw a continuation of the softening market, there are encouraging signs that price cuts are...
Class Action Settlements Topped $3 Billion in 2015: Cornerstone Research March 31, 2016 There were 80 securities class action settlements approved in 2015, the highest number since 2010, and total settlement dollars rose...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey March 30, 2016 While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as...
Insurance Safety Institute Finds Most Headlights Not Bright Enough March 30, 2016 The Toyota Prius v is the only midsize car out of 31 evaluated to earn a good rating in the...