The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App Store opened in July 2008, there were …
There are numerous emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns. “The worry of whether or not a D&O policy, …
In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential threats and different territories now threatened by attacks from religious extremists. Christof Bentele, head of Global Crisis Management at Allianz …
U.S. property/casualty insurers are feeling the heat of today’s competitive market and slow-growth economy. P/C insurers in the United States saw their net income after taxes fall to $13.3 billion in first-quarter 2016 from $18.1 billion in first-quarter 2015 – …
Increased data and improved accuracy in risk-based pricing are some of the benefits that auto insurers seek when they adopt usage-based insurance (UBI) programs, but an added benefit is increased retention of more satisfied customers, survey results reveal. Customer satisfaction …
2016 marks the 10th year of the Demotech Company Classification System, which was established in the Feb. 12, 2007 issue of Insurance Journal. Our system categorizes insurers into one of 11 categories based on an analysis of data reported by …
My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Tow Truck Industry Market Detail: KBK Insurance Group Inc. has focused on the towing industry since the mid-1980s. Coverage includes: commercial …
The U.S. workers’ compensation insurance market achieved a “significant” underwriting profit in 2015, but trends call into question whether such a result can be repeated, Fitch Ratings concluded in a new report. For 2015, the workers’ compensation combined ratio came …
Fire Water “I think it’s important for people to realize that being able to light your tap water on fire in many cases is a natural occurrence.” —Owen Sherwood, lead author of a study that shows roughly 18 percent had …
Risk Strategies Company, McLaughlin Brunson Insurance Agency National insurance brokerage and risk management firm Risk Strategies Co. has acquired Dallas-based McLaughlin Brunson Insurance Agency. McLaughlin Brunson provides insurance products and services to architects, engineers and certified professional accountants in Texas …
