Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district judge in …
Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that the brokerage’s merger with Willis included a …
Predictive modeling has notably increased in value across several areas of property/ casualty insurers’ business over the past six years, according to global professional services company Towers Watson’s annual Predictive Modeling Survey. The web-based survey of U.S. and Canadian P&C …
Telemedicine could potentially deliver more than $6 billion a year in health care savings to U.S. companies, but only if the technology is widely-adopted. According to analysis by global professional services company Towers Watson, achieving this level of savings would …
An overwhelming majority (86 percent) of North American insurance executives expect to see an increase in the volume of insurance mergers and acquisitions (M&As) over the next one to three years, compared to the previous three years, and more than …
Towers Watson, a global professional services company, announced the launch of DriveAbility 2.0 Score, a new analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific factors in the risk model and …
Survey indicates employment practices liability has steepest price increase. Commercial insurance prices increased by 5 percent in aggregate during the third quarter of 2013, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS) conducted by global professional services company …
Commercial insurance prices rose by almost 7 percent in aggregate during the fourth quarter of 2012, marking the eighth consecutive quarter of price increases and the fourth showing increases across every line surveyed, according to the latest Commercial Lines Insurance …
Commercial insurance prices in aggregate increased by 6 percent during the third quarter of 2012. This marked the seventh consecutive quarter that aggregate prices for all commercial lines rose, according to the new Commercial Lines Insurance Pricing Survey (CLIPS). The …
Property/casualty insurers say that principal preservation and total return are the most important objectives of their companies’ portfolio management, yet when asked about their satisfaction level with these two investment goals, their responses diverge. In a survey of P/C carriers’ …