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| Today's Headlines | June 4, 2021 |
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According to our analysis of loss reserves published in mid-March, the year 2020 marked the 15th straight year that the U.S. property/casualty industry's loss reserves developed favorably—by about $7 billion during 2020, or just slightly more than during 2019. The "big news" we conveyed at Assured Research was that our reserve estimate for the industry... read more | | |
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The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a major meatpacking company and the biggest U.S. fuel pipeline. There has been a significant hike in the frequency and size of ransomware attacks, Anne Neuberger, cybersecurity adviser at... read more | | |
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TOKYO – The head of Japan's Olympics organizing committee ruled out on Thursday another suspension of the Games, despite deep disquiet at the prospect of thousands of athletes and officials arriving during a fourth wave of COVID-19 infections. Already postponed from last year at the cost of an extra $3.5 billion, a scaled-down version of... read more | | |
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Most of the world's largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the lowest, according to report published by nonprofit ShareAction. ShareAction gives the lowest mark—an E rating—to almost half (46 percent) of 70... read more | | |
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Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses. Despite those gains, however, the median pay for female chief executives actually fell in 2020. Already a small group, they saw several high-profile women leave their ranks last... read more | | |
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A Georgia police officer did not violate federal computer fraud law when he used his patrol car computer to access information on a license plate in exchange for money, even though his action violated his department's policy against obtaining database information for non-law-enforcement purposes, according to the U.S. Supreme Court. The U.S. Supreme Court sided... read more | | |
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Climate skeptics who aren't persuaded by the existing evidence from climate change are unlikely to change their minds for many years, according to a newly published quantitative study by a University of Oregon environmental economist The central question posed by the study published in the journal Climate Change was "How much evidence would it take... read more | | |
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Even though Americans drove less in 2020 due to the pandemic, early estimates of crash fatalities from the U.S. Department of Transportation's National Highway Traffic Safety Administration released Thursday reveal the largest projected number of deaths since 2007. According to NHSTA, an estimated 38,680 people died in motor vehicle traffic crashes last year, representing an... 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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| | Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| | 83% of insurance CEOs say they are "concerned" about the speed of technological ... read more | |
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| | The insurance industry faces significant disruption from multiple fronts, ... read more | |
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| | New consumer trends reveal the path carriers can follow to thrive in this ... read more | |
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