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Performance-Based Pay Linked To Employee Mental Health Problems

Roughly seven of 10 companies in the United States, if not around the globe, use some form of pay-for-performance compensation system: bonuses, commissions, piece rates, profit sharing, individual ...

Future of Claims: Customers Still Want Humans In Process—But Not Too Many

While insurance carriers are warming to the idea of automating the claims process—and even possibly touchless claims handling—auto insurance policyholders are still wary of do-it-yourself ...

Consumers Excited to Exchange Personal Data for Cheaper Financial Products; Privacy Remains a Concern

Carriers focusing on telematics and other tools that measure customer behavior in exchange for lower prices may be onto something. A new Accenture report has found that insurance or banking products ...

2018: A Big Year for U.S. P/C Insurers’ Net Income Results

U.S. P/C insurers' net income soared in 2018, thanks in part to premium increases, higher net investment income and fewer catastrophe losses, A.M. Best concluded in a new report. Industry net income ...

Marijuana Coverage Opportunities Growing for Carriers, Despite Ongoing Risks: A.M. Best

Marijuana is a growing opportunity for insurers across the United States as moves to legalize the drug have expanded across the country. But there are still a number of risks in play that could limit ...

Workers Who See Like Artists Reduce Workplace Hazards: Study

Employers can reduce workplace hazards by teaching workers how to see like artists, according to the National Safety Council. The organization isn't recommending art classes. It says that research by ...

U.S. Commercial Insurers Saw Modest Price Increases in Q4: Willis Towers Watson

U.S. commercial insurance carriers saw more price increases in the 2018 fourth quarter, but the growth was slight. Prices for policies underwritten during the quarter grew just under 2 percent on ...

Australia Floods Dominated February Catastrophe Events: Aon’s Impact Forecasting

Australia's Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 ...

Emerging Markets Will Continue Driving Insurance Industry Growth: Swiss Re

Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss ...

Carriers Will Increasingly Target InsurTechs for Investment, Acquisition in 2019: Deloitte

Carriers will increasingly seek InsurTech startups as investment and eventual M&A targets in 2019, according to Deloitte's predictions outlined in a new report. "Insurance companies' appetite for ...

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