July 1, 2021
As more employers return to in-person work, the latest KFF COVID-19 Vaccine Monitor report shows that workers are more likely to have gotten a COVID-19 vaccine when their employer encourages it or provides paid sick leave to get the vaccine …
July 1, 2021
Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware attack on Colonial Pipeline in May shut the …
June 29, 2021
The first two COVID-19 vaccines authorized for emergency use by the Food and Drug Administration (FDA) employed a technology that had never before been used in FDA-approved vaccines. Both vaccines performed well in clinical trials, and both have been widely …
June 29, 2021
The Workers’ Compensation Insurance Rating Bureau of California has released its latest report on workers’ comp losses and expenses for 2020. Key findings in the report, 2020 California Workers’ Compensation Losses and Expenses include: Medical losses paid in 2020 were …
June 29, 2021
In 2020 alone, more than 10.3 million acres were burned by wildfires across the United States, a level three times higher than the 10-year average from 1990 to 2000 10. Between fire suppression costs, direct and indirect costs, wildfires in …
June 29, 2021
Central London could lose as many as 835,000 jobs in the aftermath of the COVID-19 pandemic, with employees in service industries increasingly able to work remotely and flexibly, according to research by a consulting firm. An analysis of London’s labor …
June 28, 2021
Shopping for personal lines insurance is showing signs of returning to pre-pandemic levels in the U.S., according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting firm found in its Personal Lines Insurance Shopping Report …
June 25, 2021
Employees’ mental health has become a serious issue in the workplace and employers are increasingly likely to recognize not only the costs but also how the stigma surrounding mental illness is an obstacle to treatment. A study from The Hartford …
June 22, 2021
Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to Moody’s annual survey of chief financial officers (CFOs) from 21 leading …
June 18, 2021
The enhanced ability to innovate is a principal motivator for Aon’s proposed acquisition of Aon and Willis Towers Watson. It’s a message that Aon CEO Greg Case has been emphasizing since the $30 billion deal was announced in March 2020. …