Data & Research
Progressive Teaching Lessons About Commercial Auto Profit: Guy Carpenter Study
Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new ...
Loma Prieta EQ Would Cost Insurers $4B Today
The Loma Prieta Earthquake cost insurers less than a billion dollars when it shook Central California on Oct. 17, 1989. Thirty years later, a recurrence would generate $4 billion in insured losses, ...
Hospital and Physician Liability Market Hardens Rapidly Due to Mega Claims: Aon
At first blush, it appears all is well within the hospital and physician professional liability market: For claims costing less than $2 million, severity is projected to increase 2% and frequency is ...
Hurricane Dorian Ties an Atlantic Hurricane Landfall Record: Aon
Hurricane Dorian's early September onslaught in the Bahamas, North Carolina and Canada produced total economic and insured losses in the billions, according to Aon's monthly Global Catastrophe Recap ...
New Hampshire Is Most Affordable State for Auto Insurance: J.D. Power
The average cost of auto insurance has risen at twice the rate of median household incomes across the U.S. over the past decade, according to the J.D. Power 2019 U.S. Insurance Shopping Study. Not ...
Cyber Risks Reign Supreme Among Businesses of All Sizes
Cyber risks are the top concern among businesses of all sizes. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55 percent said they worry some or a great deal about ...
Execs Tasked With Cyber Risk Management Spend Little Time on Task: Marsh
A majority of busy board members and senior executives who are responsible for their organization's cyber risk management spent less than a day in the last year focusing on cyber risk issues, ...
Home Insurers Are Ripe for an Image Change, With InsurTechs Nipping at Their Heels
Traditional home insurers appear to be in need of an image change, and that, in turn, could create a big opportunity for InsurTech startups, according to the latest J.D. Power U.S. Home Insurance ...