WCRI: Workers’ Compensation Costs Per Claim Moderating in Pennsylvania November 14, 2013 The costs per workers’ compensation claim in Pennsylvania are moderating, following years of steady growth in previous years, according to...
Investors to Double Catastrophe Bonds by 2018: BNY Mellon November 14, 2013 By Sarah Jones The amount of insurance-linked securities outstanding may reach $150 billion by the end of 2018 as institutional investors including pension...
2013 Ranked Seventh Hottest Year with More Warming Expected: WMO November 13, 2013 By Alister Doyle and Michael Szabo This year is the seventh warmest since records began in 1850 with a trend to weather extremes and the impact...
MarshBerry Survey Reveals an Optimistic Marketplace: Part 1 November 13, 2013 By Tommy McDonald In June of this year, MarshBerry launched its 28th Annual Market & Financial Outlook Survey in conjunction with Insurance Journal....
Older Drivers Catching Up with Younger in Distracted Driving: Survey November 12, 2013 Cell phone use and texting while driving are on the rise along with accessing the internet while driving — and...
Dodd-Frank Swaps Rule Could Impact Insurers’ Risk Management, Ratings: S&P November 11, 2013 Ratings analysts at Standard & Poor’s say that a Dodd-Frank provision having to do with derivatives could improve insurers’ risk...
Florida Outpatient Costs for Injured Workers Rising Rapidly: WCRI November 11, 2013 The average cost per claim of outpatient hospital care for injured workers in the Florida workers’ compensation system continued to...
Use of Predictive Models Widespread in P/C Insurance: Survey November 7, 2013 By Susanne Sclafane A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as...
Insurers’ Annual Incurred A&E Losses Rose 12% in 2012: A.M. Best November 6, 2013 While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental (A&E) claims...
Insurers Keeping Property-Catastrophe Insurance Price Relatively Flat: NAPCO November 5, 2013 With more than $600 billion in policyholders’ surplus, the insurance industry is very well capitalized in spite of a large...