When P/C Insurance Carriers Can Cancel: Mid-term Cancellation Provisions by...
States regulate mid-term cancellations by property/casualty insurance carriers in various ways. Only nine states apply one list to all lines of business. The remaining 41 and the District of Columbia...
View ArticleFlorida’s Workers’ Compensation Market Annual Report 2014
Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states. According to the latest report from the Office of...
View ArticleState Requirements for Conditional Renewals
Conditional renewal statutes and administrative rules are called “conditional” because the majority of these statutes apply only when there is a change in a provision or condition that adversely...
View ArticleGround Shaking from Man-Made Earthquakes: U.S. Geological Survey
This U. S. Geological Survey (USGS) report describes for the first time how injection-induced earthquakes can be incorporated into U.S. seismic hazard maps. It outlines a preliminary set of models to...
View ArticleInsuring the Operational Risks of Grocers with Intangible Risk Insurance
Grocery retailers traditionally face a number of intangible risks that are not covered by typical property, crime or cyber insurance programs. This A white paper report from global independent...
View ArticleFederal Reinsurance for Terrorism Risk in 2015 and Beyond
The reauthorization of the federal government’s terrorism risk insurance program in January 2015 helps ensure that private insurance for commercial property and casualty losses caused by terrorism...
View ArticleU.S. Census of Fatal Occupational Injuries
The U.S.Census of Fatal Occupational Injuries (CFOI) for 2014 was conducted by the U.S. Bureau of Labor Statistics. A preliminary total of 4,679 fatal work injuries were recorded in the United States...
View ArticleKPMG: Automobile Insurance in the Era of Autonomous Vehicles
This KPMG research report, titled “Marketplace of Change: Automobile Insurance in the Era of Autonomous Vehicles,” predicts a decline in accident frequency due to safer vehicles and the adoption of...
View ArticleAon Analytics: Homeowners Insurance Market Outlook
The outlook for the U.S. homeowners market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield. This new report...
View ArticleTop 25 P/C Insurance Carriers, Groups by Line of Insurance 2015: NAIC
The National Association of Insurance Commissioners (NAIC) has published 2015 market data for property/casualty insurers. The full report’s data includes countrywide direct written premium for the top...
View ArticleHail Claims Report, 2013-2015, by National Insurance Crime Bureau
According to this analysis by the National Insurance Crime Bureau (NICB) of the most recent three-years of insurance claims associated with hail storms in the United States, there were 720,473 hail...
View ArticleWhat Boards Would Like to Know About Catastrophe Losses
Boards typically don’t have time to wade through a sea of numbers on catastrophe losses, particularly when those numbers provide a lot of data but not enough information. Senior executives and boards...
View ArticleWhy Convective Storm Models Are Unreliable
Catastrophe model pioneer Karen Clark explains that catastrophe models for severe convective storms have existed for decades, but the model loss estimates lack credibility for most insurers. Here,...
View ArticleFederal Insurance Office Auto Insurance Affordability Study
Nearly 19 million Americans live in zip codes where auto insurance is unaffordable, according to this study by the Federal Insurance Office of the U.S. Treasury Department. The study says car insurance...
View ArticleExecutives Predict The Future of Insurance
The editors of Carrier Management recently surveyed property/casualty insurance industry executives to ask: What major changes do you see on the horizon for the property/casualty insurance industry in...
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