Research
‘Significant’ Workers Comp Underwriting Profit Might Not Repeat: Fitch
The U.S. workers compensation insurance market achieved a "significant" underwriting profit in 2015, but trends call into question whether such a result can be repeated, Fitch Ratings concluded in a ...
P/C Q1 Hurt by Catastrophe Losses, Lower Investment Gains: A.M. Best
It is clear now: the jump in catastrophe losses during the 2016 first quarter along with lower investment gains hurt U.S. property casualty insurers' bottom lines. While the P/C industry posted a ...
H1 Cat Bond Issuance Drops in Sign of Possible Market Change
Catastrophe bond issuance in the first half of 2016 dropped substantially compared to the same period a year ago, according to a new report from the Property Claims Services unit of Verisk Insurance ...
A Nearly 20% Workers Comp Rate Increase Proposed by NCCI in Florida
The Florida Office of Insurance Regulation (OIR) announced July 1 that the National Council on Compensation Insurance (NCCI) filed an amended rate filing to address a third legal change affecting ...
Reinsurance Market Softening Slows; Rate Stabilization Remains Elusive: Willis Re
The June/July 2016 renewal season has seen a continuation in market softening, though the magnitude of rate reductions is slowing, according to the latest 1st View Renewals report from Willis Re, the ...
ACP Re Pulls Out of A.M. Best Ratings Process After Downgrade
ACP Re's late filing of financial statements earlier in 2016 has left the Bermuda reinsurance and its multiple property/casualty subsidiaries in rough straits with A.M. Best. The ratings agency ...
Mindfulness a Key Attribute for Inspirational Leaders: Bain
Inspired employees are more than twice as productive as satisfied employees, according to new research from Bain & Co. What makes a leader inspirational? The most important attribute is ...
UBI Increases Auto Insurance Customer Satisfaction: J.D. Power Study
Increased data and improved accuracy in risk-based pricing are some of the benefits that auto insurers seek when they adopt usage-based insurance programs, but an added benefit is increased retention ...