Study Shows NASIDs Growing in California Workers’ Comp March 10, 2021 A new study shows that nonsteroidal anti-inflammatories (NSAIDs) now account for more than one-third of all drugs dispensed to injured...
Total Pandemic Losses for P/C Insurers Will Take Years to Determine: Fitch March 10, 2021 By Fitch Ratings Incurred pandemic losses for U.S. property/casualty insurers increased only modestly in fourth quarter of 2020 from earlier quarters in the...
E&O-Cyber Incidents Worsened in 2020: Aon March 10, 2021 By Mark Hollmer Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on...
Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4 March 9, 2021 U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to...
Fitch Sees 2020’s Personal Auto Insurer Profits as Unsustainable March 8, 2021 Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don’t look anything like...
Engineers Grade U.S. Infrastructure C- as Biden, Congress Prepare to Debate Fix March 5, 2021 By Hope Yen America’s infrastructure has scored near-failing grades for its deteriorating roads, public transit and storm water systems due to years of...
Upstream Mine Tailings Dams Pose Higher Risks of Instability: Study March 5, 2021 By Helen Reid and Jeff Lewis The most widespread type of dam used to store mine waste is nearly twice as unstable as the average tailings...
Survey Finds Insurance Agency Employees Now Prefer Mix of At-Home, In-Office Work March 5, 2021 Insurance agency managers may need to reassess the future of the five-day-a-week office after the pandemic is over as nearly...
Reinsurers Saw ‘Good’ Rate Hikes in January Renewals, but Will Be Asking for More: S&P March 2, 2021 By L.S. Howard Global property and casualty reinsurers saw “good” rate increases during the January 2021 renewals but they came up short of...
Post-Brexit Exodus of Staff and Assets from London to EU Slows March 2, 2021 By Huw Jones LONDON – The shift in financial staff and assets from the City of London to the European Union because of...