One-Fifth of Drinkers Admit Driving When Near or Over Alcohol Limit December 18, 2013 By Alexandria Baca A fifth of U.S. motorists who drink say they’ve driven at least once in the past year when they thought...
NICB: Massachusetts Posts 57% Increase in Questionable Insurance Claims December 17, 2013 Questionable claims in Massachusetts rose 57 percent from 2010 through 2012, according to the National Insurance Crime Bureau’s (NICB) 2010-2012...
GEICO Passes Allstate to Become 2d Largest U.S. Auto Insurer: SNL December 16, 2013 Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation’s second-largest private auto insurer. According...
Health Care D&O Rates Rise Over Obamacare Antitrust Concerns: Marsh December 16, 2013 Health care organizations paid significantly more for their directors and officers liability insurance in the third quarter of 2013 amid...
Federal Insurance Office Releases Long-Awaited Modernization Report December 12, 2013 After nearly two years of delay, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) today released its report...
Keefe, Bruyette & Woods Forecasts ‘Soft Insurance Rate Landing’ December 12, 2013 U.S. property/casualty insurers’ and brokers’ operating earnings are expected to modestly improve in 2014, and the overall insurance rate increases...
The Agency Producer Activity Gap and How to Close It: Survey December 11, 2013 By Andrew G. Simpson Agency producers are not spending enough of their time on the sales-related activities that they and their managers think they...
Commercial Lines Price Gains Slowing Down: Towers Watson December 10, 2013 Even though commercial insurance prices increased for the 11th straight quarter—rising by 5 percent in aggregate during third-quarter 2013—price gains...
Group Health Plans Pay for ‘Zero-Cost’ Workers’ Compensation Claims: Study December 9, 2013 Workers’ compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance...
U.S. Insurance Broker Sector Outlook Positive for 2014: Fitch December 6, 2013 Revenue and earnings growth for U.S. insurance brokers in 2014 is expected to improve modestly over 2013, according to a...