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News

Don't eat romaine lettuce, U.S. says, as E. coli outbreak widens

Craig Giammona and Megan Durisin | April 20, 2018

The outbreak has sickened 53 people in 16 states, including 31 who were hospitalized, according to the agency. The CDC said five victims have developed kidney failure.

Expert Opinion

Here's what the latest New York cyber regulations mean for P&C insurers

Jaime Kahan | April 20, 2018

It's important to understand the far-reaching impact of the cybersecurity requirements adopted by the New York State Department of Financial Services.

News

Key takeaways from Aon Risk Solution's Terrorism and Political Violence Risk Map

Denny Jacob | April 20, 2018

Drawn on insights from their partners, The Risk Advisory Group and Continuum Economics, the maps and their underlying analysis address some of the most pressing issues in the crisis management space.

Research

Wide support for driving impairment standards for marijuana

Victoria Prussen Spears | April 19, 2018

A new survey of U.S. adults conducted on behalf of the PCI, found that 70% think the government should establish driving impairment standards for marijuana, similar to the blood alcohol level standards set for drinking and driving.

News

Around the P&C insurance industry: April 18, 2018

Denny Jacob | April 18, 2018

News from AXIS Capital Holdings Limited, HWI International Group, Nationwide and more.

News

California Department of Insurance reports that California is world's third largest insurance market

Steven A. Meyerowitz | April 18, 2018

Based on the most recent data available, California insurance companies now collect $332 billion in premiums every year.

News

Southwest jet engine blows out in flight, killing one passenger

Alan Levin and Thomas Black | April 17, 2018

One passenger was killed when an engine blew out on a Southwest jetliner carrying 148 people, marking the first fatality on a U.S.-registered airline in more than nine years.

News

3 key takeaways from Morgan Stanley's 2017 Reserve Analysis

Denny Jacob | April 17, 2018

As we near the halfway point of 2018, it's important to look back at the previous year and see how the insurance industry is doing financially.

News

RIMS/Marsh survey: Risk management isn't keeping up with technology risks

Denny Jacob | April 16, 2018

Overall, survey respondents did not feel that they have enough knowledge about these disruptive technologies to contribute to discussions about them at a "strategic advisor" level.

Research

Women still trail men in financial knowledge

Emily Zulz | April 16, 2018

The gap in financial literacy between boomer and Gen X men and women has not changed, but for millennials, that gap is narrowing.

Expert Opinion

After the driverless fatality, insurance and litigation will be forever changed

Randy Maniloff | April 13, 2018

Unlike an inconsequential glitch with your office computer, in the case of driverless cars it's control, alt and someone’s life is deleted.

Commentary

Why underwriting isn't dead

Nicole Mongillo | April 13, 2018

There have been murmurs about a shift away from the underwriter, with technology driving the change. But underwriters continue to be the backbone of insurance.

News

7 insurance companies named as 'best workplaces' in 2018

Denny Jacob | April 13, 2018

Published together with their partner, Fortune, the Best Workplaces in Financial Services & Insurance rankings are based on feedback from more than 62,450 employees at Great Place to Work Certified organizations in the financial services and insurance sectors.

News

Uber's 2016 breach affected more than 20 million U.S. users

Todd Shields and Eric Newcomer | April 12, 2018

Uber could be subject to civil penalties if it fails to notify the FTC of future incidents, and it must submit audits of its data security.

News

Killers Harvey, Irma, Maria, Nate retired as hurricane names

Brian K. Sullivan | April 12, 2018

The names of hurricanes that killed hundreds of people in 2017 and helped cause more than $215 billion in damage have been retired, never to be used again for the Atlantic.

Analysis

Is car-sharing the next 'gig' thing?

Christine G. Barlow | April 12, 2018

While ridesharing got all the attention and took off rapidly, car-sharing, which is getting more popular, developed without a lot of press.

News

Global insured losses from disasters in 2017 were highest ever, Swiss Re finds

Jayleen R. Heft | April 12, 2018

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.

Case Study

Law firm softball game injury not work-related, judge rules

Tom McParland | April 12, 2018

An employer does not have to pay a paralegal's workers' compensation claims for an injury he suffered while rounding the bases during a softball game played by employees, a Delaware Superior Court judge has ruled.

Research

Daydreaming tops fatal distracted driving behaviors, Erie Insurance finds

Jayleen R. Heft | April 12, 2018

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.

News

5 tips to prevent and mitigate the effects of identity theft

Denny Jacob | April 12, 2018

Data breaches have become more common, and as a result, consumers are left to wonder how much of their sensitive information has been exposed.

News

Around the P&C insurance Industry: April 11, 2018

Denny Jacob | April 11, 2018

News from IAT Insurance Group, The Navigators Group Inc., Protective Insurance and more.

Research

State laws mandating interlocks for all DUI offenders save lives, study finds

Steven A. Meyerowitz | April 11, 2018

Laws requiring all impaired-driving offenders to install alcohol interlocks reduce the number of impaired drivers in fatal crashes by 16%, a new study by the Insurance Institute for Highway Safety has found.

Best Practices

D&O policy elements, exclusions risk managers need to know

Karen Sorrell | April 11, 2018

Decentralized, fragmented policy responsibilities and exposures can complicate a company's D&O risk management efforts.

News

The Spencer Educational Foundation names 2018 scholars

Denny Jacob | April 10, 2018

These awards bring the number of scholarships awarded by the non-profit to 1,051.

News

In a shared economy, who should bear the risks that come with it?

Denny Jacob | April 10, 2018

The sharing economy model requires a different approach to risk management based on understanding the behavioral economics of consumer preferences and attitudes during risk.

News

Top 15 workers' comp carriers for 2017, as ranked by NAIC

Rosalie Donlon | April 10, 2018

NAIC recently published its list of the top 25 workers' compensation insurance groups and companies by countrywide premium for 2017. Did your carrier make the list?

Expert Opinion

Identifying risks and advising on proper property & casualty insurance coverage

Fran O'Brien | April 09, 2018

One risk area that financial advisors often overlook involves liability risks.

News

Top 10 most common medical conditions for cats

Denny Jacob | April 09, 2018

For current and future cat owners, knowing the costs for common medical conditions can help them be prepared for when the unexpected occurs.

News

New York's nor'easters join list of 2018 $1 billion disasters

Brian K. Sullivan | April 06, 2018

From 1980 to 2018 there have been 230 $1 billion-plus events, with a total cost exceeding $1.5 trillion. Last year had the most, with 16 disasters costing more than $300 billion.

News

Liability questions loom in Delta vendor data breach

Gabrielle Orum Hernández | April 06, 2018

In the event of a third-party breach, multinational corporations such as Delta potentially face breach notification requirements in multiple states.

News

Fitch Ratings unveils year-end financial results for P&C insurers

Denny Jacob | April 06, 2018

Despite the number of extreme weather events to occur in 2017, Fitch Ratings maintains a stable rating outlook for a number of sectors.

News

J.D. Power study shows the public split on driving in autonomous vehicles

Shawn Moynihan | April 06, 2018

Are drivers really as ready as we think for the autonomous revolution?

News

USAA recognized for best customer experience

Denny Jacob | April 06, 2018

USAA earned the highest score with a rating of 75%, placing it 65th overall out of 318 companies across 20 industries.

News

After worst hurricane season ever, 2018 will be above average

Brian K. Sullivan | April 05, 2018

Look for 14 named storms, and there’s a greater than normal chance of a major system striking the U.S., according to Colorado State University.

Expert Opinion

5 ways to make LinkedIn work for you

John Pojeta | April 05, 2018

Maybe you gave up on it in 2010. It's time to take another look.

News

California insurance commissioner reveals losses from Montecito mudslide

Denny Jacob | April 05, 2018

More than 400 homes and businesses were destroyed or damaged, and 21 people died as a result.

News

Florida appeals court broadens insureds’ ability to sue for bad faith

Steven A. Meyerowitz | April 05, 2018

Insurers continue to fight bad faith claims in court, with less and less success, especially in Florida.

Commentary

Flood season never ends, and neither should efforts to educate clients

Patty Templeton-Jones | April 05, 2018

Agents and brokers have many opportunities to explain the intricacies of flood insurance to property owners and businesses

Slideshow

14 key findings from the AAA Foundation 2017 traffic safety study

Jayleen R. Heft | April 05, 2018

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.

New data highlights misperceptions about distracted driving

Danielle Ling | April 04, 2018

When it comes to distracted driving, data from Travelers' 2018 Risk Index shows a disconnect between drivers’ perception of what is safe and the dangerous reality of what is really happening on our roads.

News

Around the P&C insurance Industry: April 04, 2018

Denny Jacob | April 04, 2018

News from Integro Insurance Brokers, Arthur J. Gallagher & Co., Bryn Mawr Trust and more.

News

Top 15 private passenger auto carriers for 2017, as ranked by NAIC

Denny Jacob | April 04, 2018

While the market for auto insurance is filled with competing companies, select companies enjoy an impressive hold over the market. But who's leading the pack when it comes to private passenger auto insurance?

News

Risk pros to join forces & deliver support to Soldiers’ Angels charity at RIMS 2018

Jayleen R. Heft | April 03, 2018

Those who attend the RIMS 2018 conference will have the opportunity to participate in a variety of projects that benefit Soldiers’ Angels.

News

Understanding the relationship between workers' comp and SSDI

Denny Jacob | April 03, 2018

Injured workers may be entitled to benefits under their state's workers' compensation program, Social Security Disability Insurance, or both. Here's what you need to understand about how they work together.

Expert Opinion

Legal malpractice insurance: Tips for cutting the costs of professional liability coverage

Shari L. Klevens and Alanna Clair | April 03, 2018

Insurers generally evaluate the risk of insuring specific law practice areas based on two criteria: frequency and severity of claims.

News

4 emerging risks in the world of artificial intelligence

Denny Jacob | April 03, 2018

The insurance industry relies on artificial intelligence in a number of ways, but is it prepared for the risks that come with it?

News

Tesla reveals details in driverless-vehicle death

Dana Hull and Tim Smith | April 02, 2018

Tesla Inc. confirmed the Model X driver who died in a gruesome crash a week ago was using Autopilot and defended the safety record of its driver-assistance system.

News

Distracted Driving Awareness Month focuses on need for safe driving habits

Jayleen R. Heft | April 02, 2018

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.

Case Study

Can an insurance company be obligated to pay more than expected on a no-fault policy?

Henry R. Guindi | April 02, 2018

There is a pending case waiting to be heard in the New York courts which can alter how cases are currently decided, but even more significantly, it can impact the way insurance companies do business.

3 ways to protect yourself from uninsured and underinsured motorists

Danielle Ling | March 30, 2018

Accidents happen, and in the event of a collision with an uninsured driver, the claims process can be even more costly. Protect yourself with these three insurance options.