News
Half of Working Adults Worried About Losing Their Jobs
More than half of working adults are concerned about losing their jobs in the next 12 months. However, two-thirds of workers believe they can learn the skills needed for the jobs of the future ...
PartnerRe Beefs Up Third-Party Capital Prominence, Hires Hughes to Lead Effort
A Hiscox veteran plans to join PartnerRe as the first-ever CEO of Third-Party Capital, and the unit will become a key component of the reinsurer's overall business strategy, the company said. Andrew ...
Auto Insurance Claims Satisfaction Soars as Pandemic Reduces Accident Frequency: J.D. Power
Having fewer auto insurance claims during the coronavirus pandemic appears to have given insurers time to refine their customer experience and deliver higher higher quality claims service. According ...
W.R. Berkley Q3: Strong Rate Hikes, Lower Net Income, Solid Combined Ratio
W.R. Berkley Corp.'s 2020 third-quarter financial results landed on the strong side despite a dip in net income and more COVID-19 losses, a result the company credits to rate hikes and underwriting ...
Tesla’s Release of New ‘Self-Driving’ Software Draws Close Attention From U.S. Regulator
The U.S. auto safety regulator on Thursday said it was closely watching Tesla Inc's release of a software version intended to allow its cars to drive themselves, saying it stood ready to protect the ...
Few COVID-19 Cases Result in Permanent Disability: NCCI
If COVID-19 behaves like other workers' compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in ...
Nice People Don’t Always Finish Last: Study
Being selfish, aggressive or manipulative at work is not the way to gain power, says a recent study by University of California, Berkeley Haas School of Business. Researchers tracked people with ...
Business Interruption Cyber Risks Demand More Insurer Attention: ITC Global Discussion
Business interruption cyber risks demand more attention from insurers as globalization continues to worsen their impact, a panel of experts argued recently. BI coverage has drawn heightened attention ...