Report Shows Increasing Concentrations of Insured Property Values in U.S. December 13, 2012 Insured building values in the U.S. now exceed $40 trillion — including residential, commercial and industrial structures, according to a...
P&I Club Renewals Face ‘Perfect Storm,’ Says Willis’ Report December 13, 2012 The upcoming Protection and Indemnity (P&I) Club renewals are “poised to be the most challenging in a decade as a...
Deaths of Bicyclists, Large Truck Occupants Rise as Other Traffic Fatalities Fall December 11, 2012 By Joan Lowy Deaths of bicyclists and occupants of large trucks rose sharply last year even as total traffic fatalities dropped to their...
Cost Per Workers’ Compensation Claim Rising in Indiana: Study December 11, 2012 The average cost of a workers’ compensation claim in Indiana grew rapidly in recent years, mainly driven by the high...
Study: More Cancer Suits May Cost New Mexico Millions December 11, 2012 New Mexico may have to pay as much as $120 million for an estimated 101 new medical malpractice claims that...
Swiss Re Study Sees Economy Improving in 2013; Casualty Lines Recover December 11, 2012 Swiss Re’s latest study, “Global re/insurance review 2012 and outlook 2013/14” provides a somewhat optimistic forecast of the future state...
Geneva Association Analysis Compares 28 Banks’, Insurers’ Systemic Risk December 11, 2012 International insurance think tank, The Geneva Association has published a cross-industry analysis comparing the named 28 Global Systemically Important Banks...
Commercial Insurers Continue Raising Rates, Improve Loss Ratios: Towers Watson December 10, 2012 Commercial insurance prices in aggregate increased by six percent during the third quarter of 2012, the seventh consecutive quarter that...
South Carolina Health Insurance Market Among Least Competitive: AMA December 10, 2012 An American Medical Association analysis found that South Carolina has one of the country’s least competitive health insurance markets. The...
U.S. Transportation Department Proposes Black Boxes in All Cars December 10, 2012 By Jim Wolf Devices that record crash-related data would be required in all new cars and light trucks under a U.S. Department of...