Underwriting & Pricing
Shift to Hotter Climate Expected by 2047: Study
Billions of people could be living in regions where temperatures are hotter than their historical ranges by mid-century, creating a "new normal" that could force profound changes on nature and ...
University Researchers Question Route-Tracking Potential of UBI Devices
A study by a handful of university professors in Colorado claims user-based insurance programs installed in millions of vehicles can collect data that shows where drivers are going, unbeknownst to ...
Top 10 Market Conduct Complaints Against P/C Insurers
Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new ...
What to Expect in Commercial Lines Pricing in 2014: Willis
Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, insurance and ...
Researchers Question Privacy of Usage-Based Auto Insurance
A study by a handful of university professors in Colorado claims user-based insurance tracking programs installed in millions of vehicles can collect data that shows where drivers are going, ...
Will Biggert-Waters Save the Flood Insurance Program? No, It’s Not Even Close
The Biggert-Waters Flood Insurance Reform Act (Biggert-Waters) was enacted in 2012 with the goal of reforming and thereby saving the National Flood Insurance Program (NFIP). It is a well-meaning and ...
AIG’s Mortgage Insurer Woos Business Amid FHA Shutdown
American International Group Inc.'s mortgage insurer, whose biggest rival is a U.S. agency, is wooing borrowers with the prospect that they'll avoid delays tied to the partial government shutdown. ...
Entertainment Insurers Re-Tune Policies After Michael Jackson Case
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance ...