Fitch: Technology Needed to Reverse Commercial Auto’s Dismal Performance August 28, 2019 By Jim Sams The commercial auto line hasn’t returned an underwriting profit for eight years now. Growing claim severity is a big part...
GE Risk From Reserve ‘Plague’ Worse Than Average, Fitch Says August 20, 2019 By Katherine Chiglinsky General Electric Co. has “very high” exposure to the long-term care insurance market and is worse than average when it...
Insurer Innovation Comes Under the Rating Agency Microscope July 30, 2019 By Russ Banham Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement...
Billions at Stake in Opioid Suits, But It’s No Tobacco Windfall June 24, 2019 By Martin Z. Braun An Oklahoma case, the first of more than 1,600 lawsuits filed by U.S. state and local governments against opioid makers...
Jet Funding May Add to Boeing’s $100 Million-a-Month Max Pain March 19, 2019 By Kriti Gupta Boeing Co.’s 737 Max fiasco could make the aircraft maker liable for planes bundled into debt, adding to total costs...
Fitch: Workers’ Comp a Prime Target for Insurance Innovation January 25, 2019 The workers’ compensation segment of the property/casualty insurance business is a prime target for technology investment to maintain competitiveness and...
Industry Expected to Withstand Insured Losses From Florence September 13, 2018 By Denise Johnson Changes in the path and intensity of Hurricane Florence are keeping forecasters, government officials and insurers on their toes. An...
Fitch: Workers’ Comp Profits Remain Strong, Weaker Pricing Ahead August 3, 2018 The U.S. workers’ compensation insurance market reported strong underwriting performance for the third consecutive year in 2017, with an industry...
Fitch: U.S. P/C Personal Lines Results Decline Despite Auto Improvement June 15, 2018 Underwriting losses in the U.S. P/C personal lines segment moved higher for the fourth straight year in 2017, though this...
Fitch: Experts Forecast a Near Normal Hurricane Season for 2018 June 1, 2018 After enduring one of the more active hurricane seasons in recent memory, U.S. P/C insurers are well positioned for what...