Data & Research
Old Mutual to Expand Products in Kenya As Sales Expected to Surge
Old Mutual Plc, the U.K.'s third- largest insurer by market value, expects to sell more life- insurance products and begin offering general coverage in Kenya, where premium income is expected to ...
Big Malpractice Awards Don’t Increase Medical Costs: Cohen
A jury in one of New York's most conservative counties recently returned a $130 million verdict in a medical-malpractice case, the second-largest in the state's history. Lawyers for the losing ...
UBI Awareness Up But Still Only 36%, Survey Finds
A survey of more than 2,000 consumers published last week reveals that awareness of usage-based insurance has tripled in the last three years. But the survey figures published by LexisNexis Risk ...
Builder Deaths Climb First Time Since 2006
Deaths among U.S. construction workers climbed last year for the first time since before the financial crisis amid a building rebound. On-the-job fatalities in the private construction segment rose 5 ...
Questionable Software Patents Behind Rise in Lawsuits: GAO
Software patents are the biggest reason behind a rise in litigation over inventions, especially against companies that use the technology, the U.S. Government Accountability Office found. Its study, ...
States Weaken Commercial Host Liability Laws: Study
A new report says that in recent years many states have enacted legislation to protect retailers from commercial host liability by increasing the evidentiary requirements, limiting the amount of ...
P/C Earnings Soar in Q2; Specialty Insurer Premiums Grow Most: Moody’s
In spite of slowing rate hikes, property/casualty insurers rated by Moody's reported an aggregate 58 percent jump in bottom-line results for second-quarter 2013, with combined ratio improvements and ...
Disasters Cost Insurance Industry $20B in First Half
According to Swiss Re's preliminary sigma estimates, total economic losses from natural and man-made disasters were $56 billion in the first half of 2013, down from $67 billion in first-half 2012. ...