Triple-I: Insurance Economic Drivers Outperform Overall US GDP April 17, 2024 The economic drivers of the U.S. property/casualty insurance industry are growing faster than the nation’s Gross Domestic Product and are...
Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 22, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Researchers Say New Scanning Method Produces Visual Images of Whiplash Injuries July 20, 2021 By Jim Sams Researchers say they have found a way to capture images of injuries from whiplash, a condition often associated with motor-vehicle...
Century 21 Sells $175 Million Covid Claim Insurers Won’t Pay December 2, 2020 By Jeremy Hill There’s an unusual asset up for grabs in Century 21 Stores’ going-out-of-business sale: a stake in its long-shot legal fight...
Disasters Cause Insurance Double Whammy for Pandemic-Hit Businesses September 4, 2020 By Suzanne Barlyn and Alwyn Scott As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the...
Webinar Counters Insurer Warnings About COVID-19 Impact on Work Comp Profits August 12, 2020 By Jim Sams A well-known workers’ comp number cruncher and an actuary are calling Chicken Little on insurance industry warnings about the cost...
Economist Says COVID-19 Likely to Strip Profits Out of Work Comp July 24, 2020 By Jim Sams The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance...
Business News: Hi Marley, Cambridge Mobile Telematics, Triple-I and The Institutes July 2, 2020 Hi Marley Raises $8M in Funding Round Hi Marley, a messaging platform designed for the insurance industry, announced that it...
Insurers Support Federal Backstop for Future Pandemics; Plaintiffs Seek Help for Current Outbreak May 22, 2020 Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have...
Injury Rates Still Dropping Even as Older Workers Take Larger Share of Workforce April 23, 2019 By Jim Sams The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that one...