Research
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...
Insurance Industry Jobs Among the Most Stressful: Study
Jobs in the insurance industry are among the most stressful, ranking No. 2 in a recent study by staffing firm Robert Half. The legal profession provides the most stress, according to the study by ...
Defective Products, Crashes, Human Error Cause Large Chunk of Business Liability Losses
Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according to a report published by Allianz Global Corporate Specialty ...
P/C Insurers See $ in IoT, Smart Home Tech; Limited Data Access Hampers Potential
Internet of Things and smart home technology offer significant growth potential for property/casualty insurers, but data access limits could restrict how big the boom becomes, according to a new ...
2017 Insurance Industry Mergers Could Reach Record Levels: Conning
Signs point to 2017 being another year of "robust" mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, ...
Market Pressures Rise for Bermuda Insurers and Reinsurers: A.M. Best
Bermuda market insurers and reinsurers are beginning to experience lower profits, a deterioration in both return on equity and combined ratio as well as the drying up of favorable reserve ...
Bedbugs Help Drive Increase in U.S. Animal-Related Insurance Claims
Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed by U.S. businesses, according to a study published on Thursday by ...
U.S. Personal Auto Rate Hikes Weren’t Enough to Halt Weakening Market: Fitch
U.S. personal auto underwriters increased premium rates "significantly" in 2016. But here's the thing: it wasn't enough. Loss trends are still outpacing rate changes. Also, the U.S. P/C industry ...