Research and Trends News

Update: Climate Change Alarm Sounded as Wildfires Rage Across Europe

Emergency services battled wildfires across swathes of southern Europe amid mass evacuations on Wednesday, as warnings sounded in London after Britain’s hottest day that the fight against climate change needed to be stepped up. Hundreds fled in central Italy as …

Are MGAs Winning the Insurance Talent War?

With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent. Conning listed the talent edge as one of …

Record Heatwave Scorches Europe, as Wildfires Continue to Rage in France, Spain

Britain was forecast to see temperatures hit 40C (104F) for the first time on Tuesday after logging its warmest night on record, while wildfires raged across parched countryside in France, Spain and elsewhere. As a heatwave that settled over southern …

Nearly Half of UK Black Professionals Plan to Leave Their Jobs

Almost half of Black employees are planning to leave their jobs in the near future, resenting the lack of fairness in their company’s management, according to new research. A total of 46% of Black employees at UK firms intend to …

Europe Battles Wildfires in Intense Heat That Scientists Blame on Climate Change

JERTE, Spain – Authorities across southern Europe battled on Sunday to control huge wildfires in countries including Spain, Greece and France, with hundreds of deaths blamed on soaring temperatures that scientists say are consistent with climate change. In Spain, helicopters …

Settlement Delays Likely to Worsen UK Motor Insurance Claims Inflation

Delays in motor claims processing may be hiding the true threat of inflation to insurers, according to global broker WTW in a benchmarking report that concludes that UK motor claims inflation is expected to accelerate in 2022. The inflation rate …

Reuters: Behind Amazon’s 13,000 Disciplinary Notices at New York Warehouse

Amazon worker Gerald Bryson had hand-counted thousands of items in his warehouse’s inventory over three days when his manager showed him a “Supportive Feedback Document.” Bryson had made 22 errors, the 2018 write-up said, including tallying 19 products in a …

Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero

Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the drive to net zero greenhouse gas emissions, according to representatives of global insurers and reinsurers. Even those companies that are …

Report Finds Nearly 60% Jump in UK Households in Serious Financial Trouble

One in six United Kingdom households (4.4 million) are now in “serious financial difficulties” compared to one in 10 (2.8 million) in October 2021 – an additional 1.6 million households, according to a survey analysis by academics at University of …

UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report

Insurance may not save you from summer travel misery. Four in 10 policies don’t protect against strikes, the UK consumer watchdog Which? reported in its annual review. If your airline goes bankrupt, only half will refund your holiday costs. The …