U.S.
The Latest Launches From AIG, Aon and Risk Strategies
AIG is planning a new syndicate at Lloyd's designed to serve the specialist U.S. high net worth market. Aon announced the launch of an Aon-wide group created to increase the value and holistic ...
States Vary Widely in How They Control Workers Comp Medical Costs
Workers' compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state ...
Accounting Tricks Hide Real Value of Teva’s Proposed Opioid Settlement
Teva Pharmaceutical Industries Ltd's proposed $23 billion drug giveaway to settle thousands of U.S. opioid lawsuits will likely cost the company a fraction of that figure due to how it has valued ...
Adjuster’s Comment About ‘Homeys’ Enough to Allow Discrimination Claim to Proceed
A claims adjuster's comments about "homeys" and "you people" when talking to a South Chicago property owner were enough to merit further proceedings on a discrimination claim against State Farm Fire ...
Rising Drought Risk Spurs Investment Into Water Funds
Investors are starting to pay more attention to water shortages and how to turn them into long-term investments. Water-related exchange-traded funds attracted more money in the nine months through ...
Auto Insurance Customer Loyalty Is Declining
Last year more than $6 billion in advertising was pumped into the marketplace to encourage consumers to shop and switch their auto insurance providers. Everywhere consumers look, they are being hit ...
Actuaries Estimate Four Years of Opioid Crisis Cost Economy $631 Billion
The opioid epidemic cost the U.S. economy at least $631 billion from 2015 to 2018, according to a Society of Actuaries' (SOA) analysis of non-medical opioid use during this timeframe. The SOA report, ...
Climate Change Could Hurt U.S. Home Values in Poorer Communities
Poorer U.S. communities are likely to face especially devastating effects from climate change, including falling property values, as they struggle to adjust to floods and rising insurance costs. ...