Markets
The Age of the Athlete-Student: NLRB Ruling May Create New Comp Challenges
What do March Madness and workers compensation have in common? At present, not very much. But if a recent ruling by the National Labor Relations Board (NLRB) holds up, comp underwriters and claims ...
Primary D&O Pricing Weaker in Q4 with Hikes Below Prior Quarters: Aon
A divergence in D&O insurance pricing in recent years, which saw carrier competition in excess layers driving overall policy premium drops as primary prices rose, may be starting to disappear, ...
Supreme Court Appears Unlikely to Radically Change Software Patent Law
U.S. Supreme Court justices stepped gingerly into a raging debate over computer software on Monday, voicing concerns about vaguely defined patents but signaling they would avoid any radical change to ...
Forecast Models Line Up on El Niño, Possibly Cutting Down Atlantic Hurricanes: WSI
The prospect of an El Niño event is now looking likely, a meteorologist told insurance professionals last month, pointing to computer models signaling at least a weak event coming in late spring or ...
Asia-Pacific Offering Varied Growth Opportunities for Insurers
With insurance markets already mature in Europe and North America, carriers are eager to find new markets in which to expand. Many are looking to Latin America and Africa. But it is the Asia-Pacific ...
Allied World to Launch New Managing Agency at Lloyd’s
Allied World Assurance Co. Holdings announced Monday that it has received approval from Lloyd's, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its ...
World is Not Ready to Deal with Effects of Global Warming: UN Panel
Global warming is depleting fresh water and crops, destroying coral reefs and melting the Arctic, the United Nations said Monday in a report that concludes the world is ill-prepared to face many new ...
Hard-Hit Millennials Miss Out on Recovery Enjoyed by Older Americans
The damage inflicted on U.S. households by the collapse of the housing market and recession wasn't evenly distributed. Just ask Jason and Jessica Alinen. The couple, who lives near Seattle, declared ...