U.S. Hurricane Ida, Haiti Quake, Multiple Major Wildfires Among August’s Disasters: Aon September 13, 2021 Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted...
Insurers, Banks See London Remaining a Leading Financial Center September 13, 2021 By Huw Jones London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey...
Users Want Self-Driving Vehicles That Drive Like They Do, Sort of September 8, 2021 Do passengers want self-driving cars to mimic their personal driving behaviors or do they hold these autonomous vehicles to a...
Commercial Auto Insurance Profitability Still Way Down the Road: S&P September 8, 2021 U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty...
Global P/C Premiums Likely to Double by 2040, but Motor Growth Will Slow: Swiss Re September 8, 2021 By L.S. Howard Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 –...
Weather Catastrophes Growing in Numbers and Damages But Taking Fewer Lives September 7, 2021 By Seth Borenstein and Jamey Keaten Weather disasters are striking the world four to five times more often and causing seven times more damage than in...
Obstacles to Wider Acceptance of Usage-Based Auto Insurance Remain September 7, 2021 Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics,...
In COVID Automation Boom, Robots and Apps Find Work at Services Firms September 7, 2021 By Matt O'Brien, AP Technology Writer and Paul Wiseman Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to...
Large Insurers Embrace Digital Exchanges, Selling Their Own and Other Policies September 7, 2021 By Alwyn Scott Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals,...
Traffic Deaths Up 10.5% in First Three Months of 2021 September 2, 2021 By David Shepardson New data shows a sustained increase in U.S. traffic deaths that regulators ascribe to impaired driving, speeding, a failure to...