Reinsurers Remain Resilient Despite P/C Underwriting Losses in 2020 April 22, 2021 By L.S. Howard Despite the combined effects of around $25 billion of pandemic and natural catastrophe-related losses as well compromised investment returns, a...
Insurance Agency Staffs Remain Positive Even Though Pay Is Down April 22, 2021 By Andrea Wells Insurance agency personnel on average made a little less money in 2020 but they were more satisfied with their compensation...
Goldman Survey: Insurers Favoring Private Equity Over Hedge Funds April 22, 2021 By Carolyn Cohn Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by...
Businesses Turned to Risk Management Technology More During Pandemic April 21, 2021 Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their...
UK Car Insurance Premiums Drop to Lowest Level Since 2015: WTW Survey April 20, 2021 The cost of a comprehensive car insurance policy in Britain slumped 14% in the first quarter of 2021, to their...
With Claims Rising, Cyber Insurers Need More Than Sizable Rate Increases: Fitch April 20, 2021 Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best April 19, 2021 The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for...
Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best April 16, 2021 Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto...
Institute Analyzes Impact of California Medical Provider Network Option for Workers April 16, 2021 Legislation intended to increase injured California workers’ access to medical care by requiring the state to create a medical provider...