Hospital Charges Rise Despite Fewer Visits to Emergency Rooms December 18, 2020 By Jim Sams Auto casualty claimants are avoiding hospital emergency rooms during the COVID-19 pandemic but are generating increased hospital charges anyway, according...
Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability December 17, 2020 By L.S. Howard The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time...
Cyber Insurers Scale Back as Ransomware Attacks Rise December 17, 2020 By Noor Zainab Hussain and Carolyn Cohn Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even...
Global Natural and Manmade Disasters Cost Insurers US$83B in 2020: Swiss Re December 16, 2020 Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to US$83 billion in 2020, making it...
Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism: Allianz December 16, 2020 While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds...
Top Performing Auto Insurers During COVID and What’s Driving Customer Behavior December 16, 2020 By Tom Super Spurred by a combination of financial hardship, a decrease in miles driven and a general lack of awareness of the...
With Economic Damages of $9B, Hurricanes Eta and Iota Topped Off Record Year: Aon December 14, 2020 Hurricanes Eta and Iota in November topped off the 2020 Atlantic hurricane season when a record of 12 named storms...
Impact of Coronavirus on U.S. Economy Could Be $3-$5 Trillion Over 2 Years: USC Study December 14, 2020 The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. real gross...
California Workers’ Comp Public Self-Insured Med-Only Claims Drop December 11, 2020 Initial data on fiscal year 2019/2020 public self-insured claims experience in the California workers’ compensation system show claim volume fell...
Insurers Ink $90 Billion in Merger Deals as They Pursue Post-Coronavirus Clout December 10, 2020 By Lucca de Paoli Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak...