Research and Trends News

Insurance Group Says Safety Technologies Could Stop 40% of Big Truck Rear Crashes

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 …

Even If Only Few Use Them, Contact Tracing Apps May Help Curb COVID

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 …

How One Hospital Addresses Sexual Harassment Claims and Culture

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 …

Insurers Say They’re Having Trouble Recruiting New Employees

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 …

For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need

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 …

Check Up: The Post-Pandemic Future of the Current Telehealth Sensation

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 …

Total Return Reinsurers Underperform Traditional Bermuda Reinsurers: AM Best

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 …

Insured Loss for UK’s February Floods Estimated at £375 Million

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 …

Why Damage from Hurricanes Keeps Rising

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 …

Insured Pandemic Losses ‘Manageable’ as Earnings’ Event, Not a Capital Event

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 …