Return to Work Delayed by Doctors Ignoring Treatment Guidelines for Back Pain: Study June 18, 2021 Medical guidelines help doctors understand the best way to treat health conditions yet many doctors do not adhere to them,...
What Pandemic Auto Premium Givebacks? Many Customers Unaware, Says J.D. Power June 18, 2021 During the COVID-19 pandemic, auto insurers have returned more than $18 billion in premiums to address the drastic reduction in...
Studies Find Crash Rates Rise When States Legalize Marijuana; Suggest Link to Alcohol June 17, 2021 Researchers report increasing evidence is that motor vehicle crash rates rise when states legalize recreational use and retail sales of...
COVID Crisis Cuts Global Macro Resilience, Raises Insurance Protection Gap: Swiss Re June 16, 2021 By L.S. Howard The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18%...
Study Says Earthquakes Are Increasing in U.S. Oil Regions June 15, 2021 The number of noticeable earthquakes has been increasing year after year since 2017 in the key oil producing regions of...
Workers’ Compensation Profit Picture Looks Good in Short Term: Fitch June 15, 2021 With favorable results driven by recent reductions in claims frequency and further recognition of material reserve redundancies, workers’ compensation underwriting...
We Can Work It Out: Negotiations Likely on COVID-19 Reinsurance Losses June 11, 2021 By Susanne Sclafane Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from...
May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption June 11, 2021 U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across...
Global Insurers Face Hefty Costs of $15B-$20B to Implement IFRS 17: WTW June 8, 2021 The total cost faced by the global insurance industry to implement IFRS 17 is estimated to be in the range...
First U.S. Artificial Intelligence Czar Seeks ‘Responsible Use’ of AI Tools June 8, 2021 By Matt O'Brien, AP Technology Writer Computer scientist Lynne Parker made breakthroughs in getting robots to work together so they could perform difficult missions, like cleaning...