Markets
Workers Compensation: Past, Present and Future
The workers compensation system is healthy and strong. On behalf of the National Council on Compensation Insurance, it feels great to be able to say that with confidence, especially as NCCI is ...
Mass. Judge Denies Class Action Certification of Diminished Value Claims
A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then ...
Chubb Appoints Michael O’Donnell COO of Global Reinsurance
Chubb Limited announced the appointment of Michael O'Donnell as chief operating officer of Global Reinsurance. The appointment is effective immediately. He currently serves as division president of ...
U.S. Auto Safety Regulators Open Probe Into Ford Explorer Recalls
U.S. auto safety regulators said on Saturday they are investigating Ford Motor's prior recalls of 710,000 Explorer SUVs over power loss reports to determine if the fix is adequate. The National ...
Aon: Top Trends for Growth Offer $200B Opportunity for Insurance Industry
Technology is the biggest driver of current and future trends offering risk and opportunity for the insurance industry, according to a newly released report. Prescriptive analytics, shared mobility ...
Report: Drop in Auto Premiums, Rise in Motorists Deaths Linked to Reduced Traffic Enforcement
Several new driving trends have been recorded since the onset of the pandemic, according to a new report released by TransUnion. While traffic violations have declined nationally by 13 percent, the ...
Viewpoint: Why Activists Should Rethink Hard Insurance Exits From Fossil Fuel Underwriting
Insurers play an important role in helping protect families, businesses and communities as our economy transitions to a greener energy future. However, those protections are coming under increased ...
Fitch: U.S. Insurance Market Forecast to Withstand Losses From Large Hurricane This Year
With ample capital, Fitch Ratings' latest annual 'U.S. Hurricane Season' report indicates U.S. property and casualty (P/C) insurers and reinsurers can absorb losses if a large hurricane makes ...