Underwriting & Pricing
Price Optimization: A Dangerous Method?
Last year, right around Halloween, I started noticing some odd goings on at the professional association for actuaries, the Casualty Actuarial Society (CAS). As a Fellow in the CAS, I was receiving ...
Florida Enters Era of Workers’ Compensation Market Stability
Florida's workers' compensation system has reached a rare state of rate stability, according to insurers and officials. The National Council on Compensation Insurance (NCCI), filed for a one percent ...
Does, Should, Will TRIA Cover Cyber Terrorism?
The insurance industry will count on the Terrorism Risk Insurance Act (TRIA) if there is a terrorist strike on the United States, but will the program respond if the act of terrorism is a cyber ...
Economists Say Washington Fiscal Politics Hurts Economic, Jobs Growth: Reuters Survey
U.S. economic growth this quarter is likely to be less robust than forecast last month given the erosion of confidence in the wake of the nasty fight over fiscal policy, a Reuters survey showed on ...
Spending on Ads Beats Spending on Auto Insurance Agents: Researchers
Research published by Nomura Equity Research in mid-October shows that GEICO has overtaken Allstate to become the nation's second-biggest auto insurer, and that agency-writer Progressive is losing ...
Icebergs, Insurance Hamper Top of the World Shipping Route
The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and ...
Study: Michigan Auto Costs Can Drop If Lifetime Care Stays
Michigan can lower auto insurance premiums without making major changes to the state's no-fault system proposed in legislation that has stalled for months, according to a nonpartisan report issued ...
Market Share of Top 30 U.S. Excess & Surplus Insurers
