RIMS and AIG have announced Berry Griffin, Jr. — the force behind the industry's first Cost of Risk Survey — as the 2018 inductee into the Risk Management Hall of Fame.
The main driver of the high insured losses was an active hurricane season in the North Atlantic. In addition, the combined insurance losses from all wildfires worldwide were $14 billion, the highest ever in a single year.
Police report that 61% of distracted drivers were daydreaming at the time of a fatal crash, compared with 14% of drivers who were distracted by cell phone use.
A new survey from the AAA Foundation for Traffic Safety found that 88% of drivers believe distracted driving is on the rise, topping other risky behaviors.
April is Distracted Driving Awareness Month, as designated by the National Safety Council. Simple modifications to driver behaviors can prevent auto accidents and save lives.
Direct premiums written among the top 25 homeowners' insurance providers totaled over $94 billion in 2017, compared with $91.3 billion in 2016 and $89 billion in 2015.