Underwriting & Pricing
P/C Insurers on Good Pricing, Underwriting Track: Conning
With 2012 preliminary results showing improvement in profitability in the sector, the property/casualty insurance industry should see continued strong net premium growth and a substantially improved ...
Will HUD’s Disparate Impact Rule Have Say in Ratemaking?
Despite the McCarran-Ferguson Act, which reserved the regulation of the "business of insurance" to the states, the Department of Housing and Urban Development (HUD) has given itself the ability to ...
Above-Average Hurricane Season Predicted: 72% Chance Of East Coast Landfall
The Colorado State University team is predicting an above-average 2013 Atlantic basin hurricane season with 18 named storms and a 72 percent chance one will make landfall somewhere along the entire ...
Global Maritime Trade Seen Doubling By 2030, Report Says
Global seaborne trade will more than double by 2030 as China's rapidly growing economy fuels demand for commodities, a report by ship classifier Lloyd's Register, defense technology firm Qinetiq and ...
Report: 1 in 5 Californians Lives in Flood Zone
California is suffering from one of its driest winters on record, but some statewide water managers are focusing on the opposite end of the precipitation spectrum — the one-in-five residents who ...ISO Telematics-Based Auto Rating Tool Now Available
Insurance company services organization ISO said it has filed its first vehicle telematics-based rating rule with insurance regulators in 33 states and received approvals in 19 states. The GeoMetric ...Michigan Has New Rules for Insurers’ Use of Credit History
A series of new laws that took effect last week in Michigan regulate how insurance companies can use a person's credit information. Under one of the measures, insurers can't use people's credit ...
Actuaries Weigh Healthcare Reform’s Effect on P/C Insurance
The key changes in federal health care reform remain months away but property/casualty actuaries are already trying to determine what impact they will have on their own lines of business, ...