Auto Insurance Market to Shrink 60% by 2040: KPMG October 23, 2015 By Andrew G. Simpson By the time today’s millennial insurance professionals are its top executives, the U.S. personal auto insurance industry will be a...
P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07 October 21, 2015 Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in the first half of 2015 from $26.0...
Climate Change Adds Billions to U.S. Hurricane Losses: Study October 20, 2015 By Alex Nussbaum Climate change has added billions to the toll of hurricane strikes on the U.S., according to a study that challenges...
Climate Change Means Wildfire Seasons May Continue: Professor October 15, 2015 By Don Jergler The drought-plagued western U.S. has had more than its share of fires this year – but this may not be...
Nonmedical Opioid Use Declines But Prescription Disorders, Deaths Rise: JAMA October 13, 2015 New research suggests that while new medical guidelines and increased public awareness of problems with the use of opioids to...
Businesses Aren’t Alone in Worrying About Cyber Risk October 13, 2015 Joe Public has joined U.S. business owners in worrying about cyber risk more and more. Cyber-related concerns grew by more...
Moody’s Index Aims to Measure Economic Impact of Terrorism October 13, 2015 By Enda Curran and James Mayger Can the impact of terrorism on economic growth be measured? Moody’s Investors Service has constructed a terrorism index to quantify...
Drugs Prices Much Higher in U.S. Than in Other Countries: Research October 12, 2015 By Ben Hirschler U.S. prices for the world’s 20 top-selling medicines are, on average, three times higher than in Britain, according to an...
A.M. Best Trend: Negative Insurer Ratings Outnumber Positive in 2015 First Half October 12, 2015 The U.S. property/casualty (P/C) industry’s rating activity over the first half of 2015 turned negative as downgrades and negative outlooks...
What’s Driving Surplus Lines Insurance Growth? October 12, 2015 By Andrea Wells Times are good for surplus lines professionals. The surplus lines industry reached new heights in 2014, growing direct premium written...