Marijuana Is Legal; Now What? Workers Comp Carriers Prepare for Claims Ahead

There's no doubt marijuana is having a moment, with several states having passed legislation legalizing it for both medical and recreational use. Media focus has centered on the drug's benefits, but workers compensation experts remain cautious. While some insurers have been court-ordered to pay for the drug under workers comp benefits, many are taking a... read more

What to Watch: Issues for Workers Comp Insurers

Workers compensation insurance experts have their eyes on economic trends and political party changes as they spy issues that could impact the line in 2019 and beyond, but perhaps the most pervasive trend to watch is the overarching focus on the injured employee. "In workers compensation, consumers are often referred to as claimants and thought... read more

2018: A Big Year for U.S. P/C Insurers' Net Income Results

U.S. P/C insurers' net income soared in 2018, thanks in part to premium increases, higher net investment income and fewer catastrophe losses, A.M. Best concluded in a new report. read more

Consumers Excited to Exchange Personal Data for Cheaper Financial Products; Privacy Remains a Concern

Carriers focusing on telematics and other tools that measure customer behavior in exchange for lower prices may be onto something. A new Accenture report has found that insurance or banking products that price lower in exchange for significant personal information are drawing significant consumer interest. There's a catch: consumers also want their privacy protected. read more

Self-Driving Cars Still Elicit Fear From Americans

The portion of Americans who fear autonomous vehicles—71 percent in the American Automobile Association's latest survey—is virtually unchanged from a year ago and up eight percentage points from 2017. read more

Boeing's Success in Defeating U.S. Lawsuits Could Be Challenged by Ethiopia Crash

The crash of Boeing Co's 737 MAX 8 passenger jet in Ethiopia raises the chances that families of the 157 victims, even non-U.S. residents, will be able to sue in U.S. courts, where payouts are larger than in other countries, some legal experts said. read more

SEC May Sue VW Over Diesel Breach Nondisclosure

Volkswagen AG may face a U.S. Securities and Exchange Commission lawsuit over the carmaker’s failure to disclose to investors that its diesel vehicles didn’t comply with emission standards, according to a regulatory filing. read more

The Latest Launches From Neptune Flood and Sompo International

Neptune Flood is expanding its digital flood insurance coverage to six new states. Sompo is expanding its primary professional lines insurance offering for private companies in the United States with a new offering. read more