QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios June 28, 2016 By L.S. Howard QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote...
Out-of-Pocket Hospital Costs Were Rising 6.5% a Year… Before Obamacare June 28, 2016 By Amrith Ramkumar If you have private health insurance, the good news is you may be helping your employer keep its health care...
Data Theft by Employees Affects 69% of Businesses: Accenture Survey June 27, 2016 As businesses spend billions of dollars a year trying to protect their data from hacking that’s costing trillions, they face...
French & German Floods to Hit Insurers’ Earnings but Not Ratings: A.M. Best June 27, 2016 The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following...
Re/Insurance Business Leaders Begin to Comment on Post-Brexit World June 24, 2016 By L.S. Howard The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years...
‘Systemically Important’ Label Can Be Avoided: Fitch June 23, 2016 By Mark Hollmer Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers (G-SIIs) could help more...
UK’s Insurance Act May Lead to More Intense Rate Competition: Fitch Wire June 22, 2016 By L.S. Howard A new U.K. law, designed to make it harder for insurers to dispute commercial insurance claims, could lead to more...
Older Drivers Favor High-Tech Auto Features June 22, 2016 High-tech safety features have jumped to a high priority for older U.S. car-shoppers, who want to keep their freedom of...
Why Customer Satisfaction Is Falling for Large Auto Insurers, Rising for Small: J.D. Power June 21, 2016 After climbing in each of the past two years, customer satisfaction is falling among the nation’s largest auto insurers, while...
Don’t Expect Surge of Private Flood Insurance Products: S&P June 21, 2016 Opening U.S. flood insurance to private insurers won’t lead to a surge of new market entrants, Standard & Poor’s asserts...