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Category: Insurance


Activity, Insurance

U.S. Cyber Market Grew 32% in 2017 But Most Small-Medium Firms Opted Out: A.M. Best

May 21, 2018

Via: Insurance Journal

The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year over year to $1.8 billion, and policies in force jumped 24 percent to 2.6 million, according to an A.M. Best special […]


Activity, Insurance

GDPR Insurance: Coverage for Fines Hard to Find But Other Non-Compliance Costs Insurable

May 16, 2018

Via: Insurance Journal

A “price of data security” guide by Aon and DLA Piper of the availability of insurance for General Data Protection Regulation (GDPR) infractions revealed that businesses are on their own in most countries. Not only are Finland and Norway the […]


Activity, Insurance

Why Property & Casualty Insurance Should Not Be Optional

May 9, 2018

Via: TheStreet

The U.S. property & casualty insurance industry pays out more than $400 billion in policy benefits, according to the American Insurance Association. The industry also employs about 2.3 million people, making property & casualty (or “P&C,” as insurance insiders call […]


Activity, Insurance

Using Insurance Records to Anticipate Future Medical Needs and Reduce Costs

April 27, 2018

Via: Insurance Journal

Scientists at UCLA have determined that medical insurance company records can be used to make accurate predictions about future health conditions in their members. These predictions lead to better outcomes by enabling proactive treatments for future illness, rather than falling […]


Activity, Insurance, Investment banking

Global Insurers Favor Private Equity Investments

April 24, 2018

Via: Insurance Journal

Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to boost returns, a survey of 300 executives overseeing more than $10 trillion in insurance assets showed on Tuesday. Insurers have […]


Activity, Insurance

What to Expect in Commercial Insurance Pricing for Rest of 2018: WTW Spring Forecast

April 12, 2018

Via: Insurance Journal

Commercial property insurance rate increases are easing off initial spikes following 2017’s record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on many lines of business for the remainder of 2018. That’s according to Willis Towers […]


Activity, Capital and risk, Credit, Insurance

Alaska Law on Credit-Based Scoring Backed by Insurers Group

April 4, 2018

Via: Insurance Journal

A new credit-based scoring law brings Alaska into line with the rest of the nation, and the Property Casualty Insurers Association of America is applauding the state for that. Alaska Gov. Bill Walker and the Alaska Legislature approved HB 195, […]


Activity, Insurance, Trading

Humana, health insurer shares surge on Walmart’s potential bid

April 2, 2018

Via: CNBC

Major health insurance stocks rose across the board Monday, the first day of trading since reports revealed Walmart has discussed an acquisition of Humana. Shares of Humana jumped 7 percent. Shares of Anthem, UnitedHealth and Medicaid-provider Centene were up 1.4 […]


Activity, Insurance

Specialty Program Group Launches Flagship Marine Underwriters

March 13, 2018

Via: Insurance Journal

Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility. Based in Fort Lauderdale, Fla., Flagship specializes in global underwriting facilities for yacht, […]


Activity, Insurance

Why Long-Term Care Insurance Is a Bad Investment

March 7, 2018

Via: TheStreet

Long-term care insurance is supposed to ease fears about long-term health care, but advisors warn that it can do the opposite. Long-term care insurance can increase rather than reduce risk in retirement, according to financial planner Melinda Kibler of Palisades […]