Data & Research
Insurer Hedge Fund Investments Drop a Second Year; AIG a Big Driver of Trend
Insurers continue to reduce their investment in hedge funds in a big way, according to a new A.M. Best report. American International was one of the biggest drivers of the downward trend, with its ...
Focused Recruitment, Mentoring Can Help Reduce Shortfall of Female Insurance Execs: White Paper
Women are now a large part of the insurance industry workforce in general, but they remain a sparse presence among board seats and top executives, according to a new industry group white paper that ...
Cybersecurity Ranks as Highest D&O Liability Worry: Willis Towers Watson
Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and ...
For 7 Years Running, U.S. Commercial Auto Remains a Money-Loser: Fitch Ratings
U.S. commercial auto insurance remains a trouble spot for carriers even with ongoing attempts to reverse stubborn underwriting losses, Fitch Ratings said in a new report. As a result, Fitch is ...
Travelers Proposes Using Current Auto Insurance Model for Autonomous Vehicles
Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer ...
Trump Tax Cuts, Lower Cat Losses Helped Make Q1 U.S. P/C Results Soar
Tax reform and lower catastrophe losses helped make all the difference for private U.S. property/casualty insurers in the 2018 first quarter. Their net income after taxes surpassed $17 billion during ...
The Sale of Hacked Credit Card Info on the Web Is Surging
The number of hacked U.S. credit cards whose information was offered for sale to other criminals on the Dark Web jumped by about two-thirds in the first half of this year, according to a ...
One Factor Behind U.S. Traffic Fatality Surge: Parents Who Text With Kids in Car
There has been a historic surge in U.S. traffic fatalities over the last four years as more drivers use their phones to respond to texts or scroll through Instagram feeds. Even parents can't keep ...