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...
Insurance Claims from China’s Tianjin Port Blasts Rise to $3.5B: Swiss Re’s ‘sigma’ March 30, 2016 Insurance payouts from the chemical blasts at the Chinese Port of Tianjin last year could total up to $3.5 billion,...
USGS Report: North Texas Earthquake Risk ‘Elevated’ March 29, 2016 A U.S. Geological Survey report concludes the risk of earthquakes for the Dallas-Fort Worth area is higher than it’s ever...
U.S. Seismic Risk Maps Now Include Earthquakes Caused by Humans March 28, 2016 Earthquakes caused by human activity will now be included in the U.S. Geological Survey’s seismic risk maps, the agency said...
Most Doctors Overprescribe Opioids: National Safety Council March 28, 2016 By Andrew G. Simpson Most doctors– 99 percent — are prescribing highly addictive opioid medicines for longer than the three-day period recommended, according to...
ISO to Collect Terrorism Insurance Data for Treasury March 28, 2016 The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S....
2015 Global Insured Losses Lowest Since 2009 Despite El Niño Effects: Carpenter March 25, 2016 One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the...