Research

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North American Commercial Insurance 2020 Rate Hikes Likely; Overall Market Hardening Unlikely

Rate increases are likely for North American commercial insurance buyers in 2020, but the trend won't likely lead to an overall hardening market, according to reports from Willis Towers Watson and ...

Typhoon Hagibis Could Be One of 2019’s Costliest Catastrophe Events: Aon

Typhoon Hagibis is likely to become one of 2019's costliest events, with economic costs of more than $10 billion and insured losses minimally in the billions, according to Aon's monthly catastrophe ...

$110B: The Potential Cost of a Cyber Attack on Asia’s Ports

A cyber attack on Asian ports could cost as much as $110 billion, or half the total global loss from natural catastrophes in 2018, a Lloyd's of London-backed report said on Wednesday. Cyber insurance ...

Performance of Carmakers’ Pedestrian Detection Systems Varies Widely: IIHS

The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other models failing to recognize pedestrians ...

Ransomware Attacks Soaring as They Target IT Vendors and Their Clients

Ransomware attacks increased by 37 percent during the third quarter of 2019 compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. ...

Carrier Tech Investments Boost Customer Satisfaction With Auto Claims Process: J.D. Power

Customer satisfaction with the auto claims process has apparently reached record levels, thanks in no small part to carrier investments in the technology that serves the process. The 2019 J.D. Power ...

How Companies with Bottom-Line Focused CEOs Perform

Doing business with a tunnel-vision focus on the bottom line can lead to dysfunction and unethical conduct in the workplace, but a research study co-authored by Rutgers School of Management and Labor ...

Climate Change Strengthening El Niños: Study

Climate change is making stronger El Niños, which change weather worldwide and heat up an already warming planet, a new study finds. Scientists examined 33 El Niños—natural warming of equatorial ...

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 ...