60% of P/C Execs See 2016 Much Like 2015; 55% Expect Democrat to Win White House January 13, 2016 Leaders of the property/casualty insurance industry expect 2016 to be a profitable year much like 2015 but do not see...
Crash Rates Lower for Self-Driving Cars: Virginia Tech Study January 11, 2016 By Andrew G. Simpson Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report...
Outlook for U.S. Commercial P/C Insurance Still Negative: A.M. Best January 8, 2016 Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty...
Its Own Scientists Question EPA Claim Fracking Is Safe for Drinking Water January 7, 2016 By Jennifer A. Dlouhy A landmark study by the U.S. Environmental Protection Agency that concluded fracking causes no widespread harm to drinking water is...
Risk of ‘Brexit’ Pushes U.K. Services Firms’ Confidence to 3-Year Low January 7, 2016 By Jill Ward Confidence among U.K. services firms slid to a three-year low last month as the risk of Britain exiting the European...
Insurance Costs for December Weather in U.S. Could Top $2 Billion: Aon January 6, 2016 Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with...
AIG Bets on Workplace Safety Wearables with Investment in Startup HCS January 6, 2016 By Andrew G. Simpson Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control...
Insurers & Banks Could Pull Jobs from U.K. in Event of ‘Brexit’: JPMorgan January 6, 2016 By Richard Partington JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the...
Tighter Construction Rules Would Help Minimize U.K.’s Flood Damage: Report January 6, 2016 By Jill Ward Tighter construction restrictions and incentives to build outside flood-prone areas would minimize damage to the U.K. economy from heavy rain...
Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter January 6, 2016 Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several...