Markets
InsurTech Startups Will Scale Up and Mature in 2019, and Other Predictions
The insurance technology, or InsurTech sector has seen much technological and investment development over the past few years. Traditional insurance business lines such as health, auto, and commercial ...
U.S. Auto Insurance Customers Grow Happier With Direct-to-Consumer Models: J.D. Power
U.S. auto insurance consumers are quite happy about their coverage, and a growing shift to direct-to-consumer models has driven much of their good feelings, J.D. Power said in a new report. Overall ...
Why Hail Storm Losses Began Rising in 2008 Remains a Mystery
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country's losses ...
As Disappointed Shareholders Take Aim at IPOs, D&O Insurance Market Tightens
Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors. ...
How Daubert Standard Could Impact Florida Industry, Judicial Climate
The Florida Supreme Court has reversed a prior court's decision to use a nearly 100-year-old standard on expert witness testimony and instead adopted stricter federal standards currently used by a ...
Foundation Is Working to Report Flood Risk for Every U.S. Property
A group of scientists and a technology nonprofit technology organization have set a mission to calculate the past, current and future flood risk of every property in America. While institutional real ...
S&P Changes Lloyd’s A+ Rating Outlook to ‘Stable’ from ‘Negative’
On Friday, S&P Global Ratings announced that the rating agency revised the outlook on its ratings on Lloyd's, the Society of Lloyd's, and its core subsidiaries to stable from negative, also ...
Why 5G Networks Could Be Bad News for Storm Forecasting
Satellites tracking water vapor in 2012 helped scientists accurately predict Superstorm Sandy's frightening turn toward New York and New Jersey where it killed dozens of people and inflicted billions ...