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| | | Life Insurers' Net Investment Spreads | | Declining yields over the decade(s) continue to challenge the life insurance industry. Are life insurers making adequate investment spreads? | | | | New England Asset Management (NEAM) | |
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Today's Headlines | May 27, 2021 |
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There are an estimated 1.85 billion people with disabilities globally, with spending power of $490 billion in the U.S. alone. Friends and families of people with disabilities add another 3.3 billion potential consumers—consumers who are more likely to act on the perception of disability inclusion. (Source: "A Hidden Market: The Purchasing Power of Working-Age Adults... read more | | |
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Proper application of behavioral economics can improve take-up of flood insurance and narrow the protection gap. Sounds farfetched? Let's dig deeper. Behavioral economics is the study of psychology, economics and the decision-making process of humans. It helps us understand why people consistently deviate from rational action when making decisions. In other words, why would someone... read more | | |
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Rising interest in—and adoption of—usage-based insurance (UBI) are among the shockwaves of the COVID-19 pandemic still rippling across the personal auto insurance landscape. Despite premium rebates and refunds exceeding $11 billion that were prompted by the sharp drop-off in miles driven, many consumers have taken... read more | | |
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P/C insurers, particularly after a year of pandemic-related quarantines, are increasingly shifting to digital distribution channels. Customers aren't particularly happy with the improvements, however, according to a new J.D. Power study. read more | | |
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A devastating winter storm and delayed tax returns hampered auto insurance growth rates in February, but a surge in March led to significant year-over-year increases for both shopping and new business for first-quarter 2021, according to LexisNexis Risk Solutions' latest Insurance Demand Meter. Winter storm Uri impacted much of the U.S. from Feb. 13-17, bringing... read more | | |
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A research arm of Congress is studying the costs of cyber attacks on the U.S. infrastructure and whether the backup provided by the federal Terrorism Risk Insurance Program (TRIP) is adequate for cyberterrorism events. read more | | |
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Cyber insurance premiums are soaring, but a spike in claims led to a decline in 2020 underwriting performance, according to a new Fitch Ratings update. read more | | |
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Four former executives from AIG, AXA XL and Marsh have signed on for key roles at Rising Edge, a newly-launched London-based directors and officers (D&O) managing general agent. The company focuses on serving wholesale London market and European brokers. read more | | |
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The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack, with announcements of actions planned in coming days, the Department of Homeland Security (DHS) said on Tuesday. read more | | |
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| Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| Name and address are all you would need when an applicant comes to you for ... read more | |
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| Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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| Many insurers are struggling to keep up with changing customer dynamics and ... read more | |
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| For insurance companies providing a policy update, the cost of a double-digit ... read more | |
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