September 4, 2020
Safety features such as automatic emergency braking and forward collision warnings could prevent more than 40% of crashes in which semis rear-end other vehicles, a new study has found. The Insurance Institute for Highway Safety, a research group supported by …
September 4, 2020
Contact tracing apps can sharply reduce the spread of the novel coronavirus even when only a few people use them, a study published on Thursday by researchers at Google and Oxford University showed. An app used by 15% of the …
September 3, 2020
Sexual harassment is not a new or rare phenomenon in the workplace, but since the #MeToo movement began in late 2017, more victims have come forward to report allegations of harassment at work, including at health care institutions. As a …
September 2, 2020
U.S. insurers want to fill existing positions or expand their staffs over the next year but say they are still having trouble recruiting, even during the COVID-19 pandemic where unemployment has skyrocketed, according to a study from The Jacobson Group …
August 31, 2020
Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they’re concerned about rising insurance rates, according to a new …
August 31, 2020
Telehealth is a bit of American ingenuity that seems to have paid off in the coronavirus pandemic. Medicare temporarily waived restrictions predating the smartphone era and now there’s a push to make telemedicine widely available in the future. Consultations via …
August 31, 2020
Although total return reinsurers, which like to take more risk on the investment side of their balance sheets than other reinsurers, have the potential to generate significantly higher investment returns than traditional reinsurers, AM Best says the results of those …
August 31, 2020
The updated estimate of the insured property market loss for floods that hit February 9 to 29, 2020, across the United Kingdom is £375 million. PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, said it based its estimate …
August 28, 2020
A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. Gulf Coast, because of a combination of increased coastal development, natural …
August 28, 2020
While COVID-19 losses are large and significant for the insurance sector, they are an earnings’ event, rather than a capital event, according to report issued by Hyperion X, the data and analytics division of Hyperion Insurance Group. In its second …